Provide the missing
data in the following table for a distributor of martial arts
products: (Enter...
Provide the missing
data in the following table for a distributor of martial arts
products: (Enter "ROI" answers to one decimal
place.)
Division
Alpha
Bravo Charlie
Sales ?
$342,500 ?
Net Operating Income
? $34,250 $37,980
Average Operating
Assets $482,000 ? ?
Margin 5% ?
9%
Turnover
5.0 times ? times ? times
Return on Investment
?% 25% 18.0%
Provide the missing data in the following table for a
distributor of martial arts products: (Enter...
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
$276,000
Net
operating income
$22,080
$30,240
Average
operating assets
$497,000
Margin
4
%
8
%
7
%
Turnover
4.0
Return on investment (ROI)
%
16.0
%
10.5
%
Provide the missing data in the following table for a
distributor of martial arts products: (Round...
Provide the missing data in the following table for a
distributor of martial arts products: (Round "Turnover" and
"ROI" answers to 1 decimal place.)
Division
Alpha
Bravo
Charlie
Sales
$342,500
Net operating income
$27,400
$32,900
Average operating assets
$390,000
Margin
4
%
%
7
%
Turnover
5.0
Return on investment (ROI)
%
20.0
%
14.0
%
Data on three unrelated companies are given in the following
table
Fill in the missing information...
Data on three unrelated companies are given in the following
table
Fill in the missing information in the preceding table. (Enter
the capital turnover to two decimal places X.XX.)
Preston, Inc.
Sales. . . . . . . . . . . . . . . . . . . . . . .
$116,000
Operating income. . . . . . . . . . . . .
$46,400
Total assets. . . . . . . . ....
Forchen, Inc.,
provided the following information for two of its divisions for
last year:
Small Appliances...
Forchen, Inc.,
provided the following information for two of its divisions for
last year:
Small Appliances
Division
Cleaning Products
Division
Sales
$41,604,000
$34,800,000
Operating income
3,744,360
1,392,000
Operating assets, January 1
6,394,000
5,600,000
Operating assets, December 31
7,474,000
6,000,000
Required:
1.
For the Small Appliances Division, calculate:
a. Average operating assets
$
____
b. Margin
____
%
c. Turnover
d. Return on investment (ROI)
____
%
2.
For the Cleaning Products Division, calculate:
a. Average operating assets
$
____
b....
Eacher Wares is a division of a major corporation. The following
data are for the latest...
Eacher Wares is a division of a major corporation. The following
data are for the latest year of operations:
Eacher Wares is a division of a major corporation. The following
data are for the latest year of operations:
Sales
$14,720,000
Net operating
income
$
1,000,960
Average
operating assets
$
4,000,000
The company's
minimum required rate of return
14%
a. What is the division's margin? (Enter your answer
rounded to 2 decimal places.)
b. What is the division's turnover? (Enter your...
For the year ending December 31, 2020, Cobb Company accumulates
the following data for the Plastics...
For the year ending December 31, 2020, Cobb Company accumulates
the following data for the Plastics Division which it operates as
an investment center: contribution margin—$692,320 budget, $702,576
actual; controllable fixed costs—$297,500 budget, $303,600 actual.
Average operating assets for the year were $2,078,000.
Prepare a responsibility report for the Plastics Division beginning
with contribution margin for the year ending December 31, 2020.
(Round ROI to 1 decimal place, e.g.
1.5%.)
COBB COMPANY
Plastics Division
Responsibility Report
For the Year Ended...