Provide the missing data in the following table for a distributor of martial arts products: (Round "Turnover" and "ROI" answers to 1 decimal place.) Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) Alpha Division $ 472,000 6 % 5.0 % Bravo Division Charlie Division $ $ 332,500 39,900 % 30.0 % $ 52,580 11 % 22.0%
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- Provide the missing data in the following table for a distributor of martial arts products: (Round "Turnover" and "ROI" answers to 1 decimal place.) Alpha Division Bravo Division Charlie Division Sales $414,000 Net operating income $49,680 $67,925 Average operating assets $412,000 Margin 6% 11% Turnover 6.0 Return on investment (ROI) 36.0% 27.5%Provide the missing data in the following table for a distributor of martial arts products: (Enter "Turnover" and "ROI" answers to 1 decimal place.) Division Alpha Bravo Charlie Sales $327,500 Net operating income $32,750 $41,400 Average operating assets $376,000 Margin 5 % % 9 % Turnover 5.0 Return on investment (ROI) % 25.0 % 18.0 %Provide the missing data in the following table for a distributor of martial arts products: (Round "Turnover" and "ROI" answers to 1 decimal place.) Alpha Division Bravp Division Charlie Division Sales $272,000 Net Operating Income $27,200 $38,800 Average opertaing assets $404,000 Margain 5% 9% Turnover 4.0 ROI 20.0% 13.5%
- Provide the missing data in the following table for a distributor of martial arts products:DivisionAlpha Bravo CharlieSales ......................................................................... $ ? $11,500,000 $ ?Net operating income ............................................... $ ? $ 920,000 $210,000Average operating assets ......................................... $800,000 $ ? $ ?Margin ....................................................................... 4% ? 7%Turnover ................................................................... 5 ? ?Return on investment (ROI) ...................................... ? 20% 14%Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the two divisions for the current year: Retail Division Wholesale Division Operating income $ 7,500,000 $ 4,000,000 Operating assets $ 37,500,000 $ 17,500,000 Assuming that these are the only divisions of Terra Company, what is the ROI for the company as a whole? Multiple Choice 20.00% 20.91% 22.86% 42.86%Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales $ 37,980,000 Net operating income $ 3,558,960 Average operating assets $ 9,500,000 The company's minimum required rate of return 16 % The division's margin used to compute ROI is closest to: Multiple Choice 34.4% 37.5% 25.0% 9.4%
- Jay Company is divided into the South and North Divisions. Assume the data given in the table below for the South Division. What is the divisional income from operations for the South Division. S Sales $1,500,000 C Cost of good sold 825,000 Selling expenses 425,000 S Service department allocations 75,000 In Income from operations ? Group of answer choices $350,000 $175,000 $50,000 none of theseToxaway Company is a merchandiser that segments its business into two divisions—Commercial and Residential. The company’s accounting intern was asked to prepare segmented income statements that the company’s divisional managers could use to calculate their break-even points and make decisions. She took the prior month’s companywide income statement and prepared the absorption format segmented income statement shown below: TotalCompany Commercial Residential Sales $ 750,000 $ 250,000 $ 500,000 Cost of goods sold 500,000 140,000 360,000 Gross margin 250,000 110,000 140,000 Selling and administrative expenses 240,000 104,000 136,000 Net operating income $ 10,000 $ 6,000 $ 4,000 In preparing these statements, the intern determined that Toxaway’s only variable selling and administrative expense is a 10% sales commission on all sales. The company’s total fixed expenses include $72,000 of common fixed expenses that…The following is partial information for Charleston Company’s most recent year of operation. It manufactures lawn mowers and categorizes its operations into two divisions: Bermuda and Midiron. Bermuda Division Midiron Division Sales revenue ? $ 600,000 Average invested assets $ 2,500,000 ? Net operating income $ 160,000 $ 150,000 Profit margin 20 % ? Investment turnover ? 0.16 Return on investment ? ? Residual income $ 40,000 $ (30,000 ) Required:1. Without making any calculations, determine whether each division’s return on investment is above or below Charleston’s hurdle rate.2. Determine the missing amounts in the preceding table.3. What is Charleston’s hurdle rate?4-a. Suppose Charleston has the opportunity to invest additional assets to help expand the company’s market share. The expansion would require an average investment of $2,800,000 and would generate $140,000 in additional income. Calculate…
- Toxaway Company is a merchandiser that segments its business into two divisions—Commercial and Residential. The company’s accounting intern was asked to prepare segmented income statements that the company’s divisional managers could use to calculate their break-even points and make decisions. She took the prior month’s companywide income statement and prepared the absorption format segmented income statement shown below: TotalCompany Commercial Residential Sales $ 975,000 $ 325,000 $ 650,000 Cost of goods sold 663,000 182,000 481,000 Gross margin 312,000 143,000 169,000 Selling and administrative expenses 300,000 134,000 166,000 Net operating income $ 12,000 $ 9,000 $ 3,000 In preparing these statements, the intern determined that Toxaway’s only variable selling and administrative expense is a 10% sales commission on all sales. The company’s total fixed expenses include $64,500 of common fixed expenses that would continue to be incurred even if the Commercial…Comparative data on three companies in the same service industry are given below: Required: 2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places.) A B C Sales $5,267,000 $1,630,000 Net Operaring Income $737,380 $260,800 Average operating assets $2,290,000 $2,570,000 Margin 6% Turnover 1.60 Return on Investment (ROI) 8%Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales$ 37,880,000Net operating income$ 3,508,960Average operating assets$ 9,400,000The company's minimum required rate of return14% The division's residual income is closest to: