Provide the missing data in the following tabulation: Division Alpha Bravo Charlie Revenue 11500000 Operating profit 920000 210000 Average operating assets 800000 Margin 4,00% 7,00% Turnover 5 Return on investment (ROI) 20% 14%

Provide the missing data in the following tabulation: Division Alpha Bravo Charlie Revenue 11500000 Operating profit 920000 210000 Average operating assets 800000 Margin 4,00% 7,00% Turnover 5 Return on investment (ROI) 20% 14%

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter10: Evaluating Decentralized Operations

Section: Chapter Questions

Problem 4BE: Profit margin, investment turnover, and ROI Briggs Company has operating income of 36,000, invested...

See similar textbooks

Related questions

Q: BOL Mulligan Manufacturing Company uses a job order cost system with overhead applied to products at…

A: Cost of goods manufactured is the total cost of completed finished goods transferred from work in…

Q: The head of the accounting department at a major software manufacturer has asked you to put together…

A: Profit growth:The rise in a company's earnings over time is known as profit growth. The rise in a…

Q: Exercise 2-27 (Algo) Computing applied overhead and closing over- or underapplied overhead LO P4 At…

A: Overhead costs are those indirect costs which can not be allocated directly. These costs needs to be…

Q: Problem 3-36 (Static) (LO 3-3a) Tyler Company acquired all of Jasmine Company's outstanding stock on…

A: Goodwill is an intangible asset that arises when a company acquires another company for a price…

Q: Cheyenne Suppliers reported cost of goods sold for 2017 of $650.000 and retained earnings of…

A: Cost of goods sold is the cost of units sold during the period. It is calculated as beginning…

Q: ElectronPlus manufactures and sells a unique electronic part. Operating results for the first three…

A: Contribution Income Statement is the statement that shows the contribution margin and the net income…

Q: Problem 6-34 (Algo) (LO 6-6) Primus, Incorporated, owns all outstanding stock of Sonston,…

A: Diluted earnings per share (EPS) is a financial metric that helps investors understand a company's…

Q: Pharoah Company's standard labor cost of producing one unit of Product DD is 3.70 hours at the rate…

A: The variance is the difference between the standard and actual production data. The variance can be…

Q: Current Attempt in Progress Sedgwick Company at December 31 has cash $20,000, noncash assets…

A: The partnership comes into existence when two or more persons agree to do the business and share…

Q: A subsidiary issues new shares of common stock. If the parent acquires all of these shares at an…

A: A holding company is a parent company. It is the company that holds the majority voting shares of…

Q: Verizox Company uses a job order cost system with manufacturing overhead applied to products based…

A: OVERAPPLIED OVERHEADOverapplied Overhead occurs when Company's Budgeted Overhead is more then actual…

Q: The supply and demand equations of a good are given by the following formulas P=2Qs +48 P= -6QD+ 160…

A: An equilibrium point is a state in a system where opposing forces or factors balance, resulting in…

Q: A company has the following shares in issue throughout 2020: 12 000 ordinary shares, and 13 000…

A: It represents the portion of a company's profit allocated to each outstanding share of common stock.…

Q: Rembrandt Paint Company had the following income statement Items for the year ended December 31,…

A: INCOME STATEMENTIncome Statement is one of the Important Financial Statements of the Company. Income…

Q: Hamilton Company applies manufacturing overhead costs to products based on direct labor hours. The…

A: Applied Overheads is calculated by multiplying actual hours and applied Overheads rate.If Applied…

Q: Transcribed Text G

A: The bond is issued at a discount as the face value is more than the issue value. The bond discount…

Q: Waterman's WaterWorld Tourist Park has collected the following data for operations for the year: $…

A: MARGINAL COSTING INCOME STATEMENTMarginal Costing Income Statement is one of the Important Cost…

Q: On January 1, 2024, Nichols Company acquired 80% of Smith Company's common stock and 40% of its…

A: Consolidation entry is the entry which is made by the parent entity to merge the balance in the…

Q: Golden Eagle Company has the following balances at the end of November: November 30 Debit…

A: Journal Entry :— It is an act of recording transactions in books of account when transaction…

Q: Carlberg Company has two manufacturing departments, Assembly and Painting. The Assembly department…

A: Here, first of all, we need to find the equivalent units of production. After that cost per…

Q: BLOSSOM DEPARTMENT STORE Income Statement 1000000

A: INCOME STATEMENTIncome Statement is one of the Important Financial Statements of the Company. Income…

Q: Splish Company is a multiproduct firm. Presented below is information concerning one of its…

A: FIFO is first in first out which means inventory bought first is sold first.LIFO is last in first…

Q: Relenta Company reported an after-tax net profit of Rs. 3,17,000 for 2022. On April 1, 2021 the…

A: Earnings per share is the net profit allocated to each shareholder of the company. Earnings per…

Q: Concord Corporation has retained earnings of $713,600 at January 1, 2025. Net income during 2025 was…

A: Retained earnings are the unallocated profits available for distribution to the shareholders. It is…

Q: Required Required Required A B C Calculate the costs per equivalent unit of production for both…

A: Under the weighted average method the degree of completion of units completed and transferred out…

Q: TB MC Qu. 3-94 (Algo) Weatherhead Incorporated has provided the following data... Weatherhead…

A: The overhead is said to be over-applied when actual overhead cost incurred is lower than the applied…

Q: Slie is 77 years old. Her taxable income for the year is R391 000. YOU ARE REQUIRED to calculate…

A: Tax liability refers to the amount of taxes that an individual or entity owes to the government…

Q: Analysis Case 9-6 (Static) Inventory errors [LO9-7] Eddie's Galleria sells billiard tables. The…

A: **Inventory Management (Brief Explanation):**Inventory management is the process of overseeing a…

Q: The Sheridan Theater Inc. was recently formed. It began operations in March 2022. The Sheridan is…

A: As per dual concept of accounting, every transaction has dual impact on the books of accounts.Assets…

Q: Which of the following journal entries will increase the total balance of the debit accounts in the…

A: Journal entries are primary reporting of the business transactions in the books of accounts. These…

Q: Verizox Company uses a job order cost system with manufacturing overhead applied to products based…

A: The overhead is applied to the production on the basis of the pre-determined overhead rate. The…

Q: On January 1, 2024, Instaform, Incorporated, issued 14% bonds with a face amount of $50 million,…

A: "Bonds" refer to debt securities that are typically issued by corporations, governments, or other…

Q: DUBEY COMPANIES INCORPORATED Balance Sheet As of November 30, 2018 (in millions of dollars) Assets

A: Classified balance sheet is one of the financial statement of business, which shows all assets,…

Q: ing costs costs d administrative costs dministrative costs $ 480 110 100 70 $ 760 ceived a special…

A: Fixed Manuafcturing Cost per Unit $ 110.00Fixed Selling and Admin Cost per Unit $…

Q: 5. Asset turnover ratio 6. Profit margin on sales 7. Return on assets % %

A: Ratio analysis means where different ratio of various years of years companies has been compared and…

Q: The following is a record of Waterway Company's transactions for Boston Teapots for the month of May…

A: FIFO method is one of the methods of inventory valuation in which it is assumed that old purchases…

Q: The Morning Jolt Coffee Company has projected the following quarterly sales amounts for the coming…

A: The accounts receivable collection time reflects how long it takes the company to receive cash from…

Q: Beginning inventory, purchases, and sales for Item 88-HX are as follows: 82 units $18 66 units 15…

A: Perpetual inventory: This method maintains continuous inventory monitoring, updating stock levels…

Q: A manufacturer began the year with no jobs in process. During the year, the company worked on the…

A: Applied Overhead is calculated by multiplying predetermined overhead rate by actual usage of cost…

Q: At age 65, Carlota’s financial position was better than her health. She had a large balance in an…

A: IRS pronouncements refer to official statements, directives, or guidance issued by the Internal…

Q: The following are summary cash transactions that occurred during the (HHC): Cash received from:…

A: CASH FLOW STATEMENTCash flow statement provides additional information to user of financial…

Q: Oslo company prepared the following contribution format income statement based on a sales volume of…

A: Break even point refers to the point at which the aggregate cost as well as the aggregate revenue…

Q: Fixed Costs EBIT Interest Expense EBT Taxes (21%) EAT #shares outstanding EPS 300,00 300,000 100,000…

A: FormulasEPS = EAT/ Shares OutstandingDOL= Contribution Margin/ EBITDFL-= EBIT/EATDCL=Contribution…

Q: Presented below is the trial balance of Cullumber Corporation at December 31, 2025. Cash Sales…

A: The balance sheet shows what a firm has (assets) and how it has funded those assets (liabilities and…

Q: These financial statement items are for Ayayai Company at year-end, July 31, 2022. Salaries and…

A: Financial statement:-Financial statements are written records that show the business activities and…

Q: al _ty 105,000 476,000 $ 721,000 Popper paid a total of $682,000 with any excess acquisition date…

A: Addtional paid in capital is the amount of money a shareholder contributes over and above the par…

Q: Hamilton Company applies manufacturing overhead costs to products based on direct labor hours. The…

A: Overhead applied is the amount of overhead estimated to incurred on the production process. It…

Q: Q2. Malama Limited is considering whether to continue the work on an existing contract or to…

A: It is the process of making decisions that involve the management of costs in order to achieve…

Q: The following are extracts from the income statement for the year ended 31 December 2009 and the…

A: DAYS SALES IN INVENTORY Days Sales in Inventory provides the average number of days required to Sell…

Q: Sunland Company manufactures products ranging from simple automated machinery to complex systems…

A: The activity of setting up, and assembling assets such as a piece of machinery, equipment, or other…

Question

100%

Provide the missing data in the following tabulation:

	Division
	Alpha	Bravo	Charlie
Revenue		11500000
Operating profit		920000	210000
Average operating assets	800000
Margin	4,00%		7,00%
Turnover	5
Return on investment (ROI)		20%	14%

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Operating profit meaning

VIEW

Step 2: Computation of missing data

VIEW

Solution

VIEW

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: At the beginning of last year, Elway had 28,300,000 in operating assets. At the end of the year, Elway had 23,700,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin and turnover ratios for last year. (Note: Round the answer for margin ratio to two decimal places.) 3. Compute ROI. (Note: Round answer to two decimal places.) 4. CONCEPTUAL CONNECTION Briefly explain the meaning of ROI. 5. CONCEPTUAL CONNECTION Comment on why the ROI for Elway Company is relatively high (as compared to the lower ROI of a typical manufacturing company).
Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of $30,000, and invested assets of $600000. What is the return on investment for Division A? A. 20% B. 25% C. 33% D. 40%
XY Company provided you the following data: Average operating assets 120,000 Margin on sales 15% Minimum required rate of return 20% Return on investment 25% Sales 300,000 Turnover 2.50 What is the residual income? (Correct ans: 21,000) need solution
a. D supplied following data are for the latest year of operations: Sales ₱24,480,000; Operating income ₱1,738,080; Average operating assets ₱6,000,000. Required rate of return 16% 1. What is D's ROI? 1. What is D's residual income?
Using the information calculate ROI Income 6,000 Revenue 24,000 Average assets 10,000
Calculator Data for Divisions A, B, C, D, and E are as follows: a. Determine the missing items. Round rate of return on investment, profit margin, and investment turnover answers to one decimal place when required. Div. Sales Income from Operations Inv. Assets Rate of Return on Inv. Profit Margin Invest. Turnover A $ $35,000 $200,000 % % 1.6 B $455,000 $ $284,375 16% % C $525,000 $73,500 $ % % 1.2 D $800,000 $ $ % 13.0% 2.5 E $ $ $250,000 % 16.0% 2.0 b. Which division is most profitable in terms of income from operations? c. Which division is most profitable in terms of rate of return on investment?
Provide the missing information (A-H) in the table. Use the formulas learned in Chapter 10. (Round to two decimal places.)SHOW ALL CALCULATIONS. ROUND MARGIN, TURNOVER and ROI TO TWO (2) DECIMAL PLACES. Alpha Division Beta Division Delta Division Sales A $420,000 G Operating assets B D $1,000,000 Net operating income $800,000 $21,000 $250,000 Margin 0.16 E 0.10 Turnover C F 2.50 Return on investment (ROI) 20.00% 15.00% H
Consider the following data from two divisions of a company, P and Q: Divisional P Q Sales $ 2,000,000 $ 1,100,000 Operating Income $ 800,000 $ 660,000 Investment $ 3,200,000 $ 1,760,000 If the minimum rate of return is 9%, what is Division P's residual income (RI)?
Selected data from Division A of Green Company are as follows: Sales $ 630,000 Average investment $ 491,400 Operating income $ 81,900 Minimum rate of return 15% If the minimum rate of return was 11% (instead of the percentage shown above), Division A's residual income (RI) would be:
Given the following data: Average operating assets $ 1,116,000 Total liabilities $ 167,400 Sales $ 837,000 Contribution margin $ 502,200 Net operating income $ 167,400 Return on investment (ROI) is: Multiple Choice 20.0% 15.0% 60.0% 45.0%
Assume a company with two divisions (A and B) prepared the following segmented income statement: A B Total Sales $ ? $ 200,000 $ ? Variable expenses 120,000 140,000 260,000 Contribution margin ? ? ? Traceable fixed expenses 100,000 80,000 180,000 Segment margin $ ? $ (20,000 ) ? Common fixed expenses 49,700 Net operating income $ 3,000 What is Division A’s segment margin?
The following information relates to the Quilt Division of TDS Corporation for last year:Sales $200,000Net operating income $60,000Average operating assets $500,000Minimum required rate of return 10%The divisions residual income is closest to? 50,000 10,000 140,000 40,000