Question

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 $335,000
Net operating income $40,200 $59,180
Average operating assets $370,000
Margin 6 % % 11 %
Turnover 5.0
Return on investment (ROI) % 30.0 % 22.0 %

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
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...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT