What is the Investment Turnover for Stevenson Corporation, given the following info: Invested Assets = $550,000 Sales = $660,000 Income from Operations = $99,000 Desired minimum rate of return = 15.0% 01.0 1.2 1.1 1.3
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- Financial leverage MicrosoCortrepotied (MSFT) reported the following data (in millions) for a tern year Compute the profit margin, asset turnover, and financial leverage metrics using the expandedDuPont formula. Round profit margin, asset turnover, and financial leverage to two decimalplaces.Round return on stockholders’ equity to one decimal place.Macon Mills is a division of Bolin Products. Inc. During the most recent year, Macon had a net income of $40 million. Included in the income was interest expense of $2,800,000. The companys tax rate was 40%. Total assets were $470 million, current liabilities were $104,000,000, and $72,000,000 of the current liabilities are noninterest bearing. What are the invested capital and ROI for Macon?Mason Corporation had $1,164,000 in invested assets, sales of $1,240,000, income from operations amounting to $243,000, and a desired minimum return of 12%. Round your answer to two decimal places. The investment turnover for Mason Corporation is a.1.07 b.0.85 c.1.28 d.1.60
- Mason Corporation had $1,027,000 in invested assets, sales of $1,215,000, operating income amounting to $236,000, and a desired minimum return on investment of 15%. The investment turnover for Mason Corporation is a.0.95 b.1.42 c.1.77 d.1.18if requires a minimum return on its investments of 15%, what is their residual income? NUBD Co has the following information available for one of its divisions: Average operating assets P5,000,000 Return on investment Sales 40% P8,000,000Blaser Corporation had $1,017,000 in invested assets, sales of $1,284,000, operating income amounting to $220,000 , and a desired minimum return on investment of 15%. The return on investment for Blaser Corporation is Round the percentage to one decimal place. a.17.1% b.13.7% c.26.0% d.21.6%
- ast year Triangular Resources earned $5.4 million in net operating income and had an operating profit margin of 19.3 percent. If the firm's total asset turnover ratio was 1.59, what was the firm's investment in total assets?Last year, Triangular Resources earned $4.6 million in net operating income and had an operating profit margin of 20.5 percent. If the firm’s total asset turnover ratio was 1.53, what was the firm’s investment in total assets?Consider the information in the following table. Using the DuPont formula, calculate the rate of return on investment. Income from operations $70,000 Invested assets 250,000 Sales 560,000
- Grove Corp. has revenues of $1,531,000 resulting in an operating income of $183,000. Average invested assets total $801,000. If sales increase by 10% and the investment level remains constant, what is the investment turnover?A.) 2.10B.) 12.65%C.) 1.91D.) 11.95%Last year, Beecher Manufacturing had a 12.5% ROA, net income of $800,000, and net sales of $1,600,000. Given these values, what was the firm's asset turnover ratio? a.) 0.45 b.) 0.25 c.) 0.50 d.) 0.20Barrera Corporation provides the following financial information: Minimum acceptable operating income $556,600 Average total assets $2,000,000 Operating income $708,000 Return on investment 35.4% Net sales $800,000 Calculate the target rate of return. (Round your answer to two decimal places.)