Creative Business Solutions (CBS), a division of Doug Jorgenson CPA, buys and installs modular office components. For the most recent year, the division had the following performance targets: Asset turnover 2.5 6% Profit margin Target rate of return on investments for RI 13% Cost of capital Income tax rate 10% 40% Actual information concerning the company's performance for last year follows: Total assets at beginning of year Total assets at end of year Total invested capital (annual average). Sales $3,600,000 5,300,000 8,000,000 9,000,000 3,650,000 4,770,000 675,000 Variable operating costs Direct fixed costs Allocated fixed costs
Creative Business Solutions (CBS), a division of Doug Jorgenson CPA, buys and installs modular office components. For the most recent year, the division had the following performance targets: Asset turnover 2.5 6% Profit margin Target rate of return on investments for RI 13% Cost of capital Income tax rate 10% 40% Actual information concerning the company's performance for last year follows: Total assets at beginning of year Total assets at end of year Total invested capital (annual average). Sales $3,600,000 5,300,000 8,000,000 9,000,000 3,650,000 4,770,000 675,000 Variable operating costs Direct fixed costs Allocated fixed costs
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 3PA: Macon Mills is a division of Bolin Products. Inc. During the most recent year, Macon had a net...
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3. Based on segment margin and average assets, compute the profit margin
4. Based on segment margin and average assets, compute the asset turnover
5. Based on segment margin and average assets, compute the
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