3bok4ntb-1. What is the return on assets for each subsidiary?Note: Input your answers as a percent rounded to 2 decimal places.Medical SuppliesHeavy MachineryElectronicsb-2. Which subsidiary has the highest return on assets?"O ElectronicsO Heavy MachineryO Medical SuppliesReturn on Assets%%%c. Compute the return on assets for the entire corporation.Note: Input your answer as a percent rounded to 2 decimal places.Return on assetsNew return on assets%d. If the $8,450,000 investment in the heavy machinery division is sold off and redeployed in the medical supplies subsidiary at thesame rate of return on assets currently achieved in the medical supplies division, what will be the new return on assets for the entirecorporation?Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.%Q Search< Prev6 of 64PRENext >O The Global Products Corporation has three subsidiaries.SalesNet income (after taxes)AssetsMedical SuppliesHeavy MachineryElectronicsa-1. What is the return on sales for each subsidiary?Note: Input your answers as a percent rounded to 2 decimal places.O Medical SuppliesO ElectronicsMedical Supplies Heavy Machinery$ 20,590,000$5,140,0001,830,00019,900,000a-2. Which subsidiary has the lowest return on sales?Heavy MachineryReturn on Sales%%%Medical SuppliesHeavy MachineryElectronics697,0008,450,000b-1. What is the return on assets for each subsidiary?Note: Input your answers as a percent rounded to 2 decimal places.Return on Assets%%%Electronics$ 4,190,000364,0003,860,000

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The Global Products Corporation has three subsidiaries. Sales Net income (after taxes) Assets a-1. What is the return on sales for each subsidiary? Note: Input your answers as a percent rounded to 2 decimal places. Medical Supplies Heavy Machinery Electronics O Medical Supplies O Electronics Medical Supplies Heavy Machinery $ 20,590,000 $ 5,140,000 1,830,000 697,000 19,900,000 8,450,000 a-2. Which subsidiary has the lowest return on sales? Heavy Machinery Return on Sales % % % Medical Supplies Heavy Machinery Electronics b-1. What is the return on assets for each subsidiary? Note: Input your answers as a percent rounded to 2 decimal places. Return on Assets % % % Electronics $ 4,190,000 364,000 3,860,000

The Global Products Corporation has three subsidiaries. Sales Net income (after taxes) Assets a-1. What is the return on sales for each subsidiary? Note: Input your answers as a percent rounded to 2 decimal places. Medical Supplies Heavy Machinery Electronics O Medical Supplies O Electronics Medical Supplies Heavy Machinery $ 20,590,000 $ 5,140,000 1,830,000 697,000 19,900,000 8,450,000 a-2. Which subsidiary has the lowest return on sales? Heavy Machinery Return on Sales % % % Medical Supplies Heavy Machinery Electronics b-1. What is the return on assets for each subsidiary? Note: Input your answers as a percent rounded to 2 decimal places. Return on Assets % % % Electronics $ 4,190,000 364,000 3,860,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Sales Net income (after taxes) Assets Medical Supplies $ 20,400,000 Medical Supplies Heavy Machinery Electronics 2,190,000 8,590,000 a-1. What is the return on sales for each subsidiary? Note: Input your answers as a percent rounded to 2 decimal places. Return on Sales % % % Heavy Machinery $ 5,600,000 270,000 8,360,000 Electronics $ 4,920,000 322,000 3,330,000
The Global Products Corporation has three subsidiaries: Medical Supplies Heavy Machinery Electronics Sales.......... $20,040,000 $5,980,000 $4,730,000 Net income 1,700,000 592,000 402,000 (after taxes) Assets............8,340,000 8,760,000 3,570,000 a. Which division has the lowest return on sales? b. Which division has the highest return on assets? c. Compute the return on assets for the entire corporation. d. If the $8,760,000 investment in the heavy machinery division is sold off and redeployed in the medical supplies subsidiary at the same rate of return on assets currently achieved in the medical supplies division, what will be the new return on assets for the entire corporation?
Foley Corporation has seven industry segments with total revenues as follows. Penley $600 Cheng $225 Konami 650 Takuhi 200 KSC 250 Molina 700 Red Moon 275 Based only on the revenues test, which industry segments are reportable?
The Timber Ridge Company has the following relationships: Sales/Total assets = 2.46; ROA = 0.1080 What is Timber Ridge’s net profit margin? Round to 3 decimal places.
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he following information pertains to Sheffield Corp. and its divisions for the year ended December 31, 2021. Sales to unaffiliated customers $3960000 Intersegment sales of products similar to those sold to unaffiliated customers 910000 Interest earned on loans to other operating segments 60000 Sheffield and all of its divisions are engaged solely in manufacturing operations. Sheffield has a reportable segment if that segment's revenue exceeds $487000. $402000. $396000. $493000.
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