dacker products is a division of a major corporation

Posted on Mai 7, 2023

Direct labor 8 The division's, Cabal Products is a division of a major corporation. c. What is the division's return on investment (ROI)? . The company's minimum required rate of return is 14%. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Last year the division had total sales of $21,500,000, net operating income of $576,100, and average operating assets of $5,100,000. The unit product cost is $21, computed as follows: Xenold, Inc., has been in business for over 15 years and is considered a relatively stable stock, despite its link to the cyclical construction industry. In order to best encourage their individual performance development, what should yo 37,080,000 Net operating income $ 3,108,960 Average operating We all laughed at the joke about_ honest man, even thou Data concerning the most recent year appears below: Sales $17,570,000 Net operating income $860,930 Average operating assets $4,950,000 The division's margin is: a. The following data are for the most recent year of operations: Sales $ 36,480,000 Net operating income $ 2,808,960 Average operating assets $ 8,000,000 The company's minimum required rate of return 16 % The division's margin used to compute ROI is closest to: A) 21.9% B) 29.6% C) 7.7% D) 35.1% The following data are for the most recent year of operations: Sales $ 37,880,000 Net operating income $ 3,508,960 Average operating assets $ 9,400,000 The company's minimum required rate of return 14 % The division's residual income is closest to: Which of the following do you prefer for business/ economic transactions. a. The firm uses two departments to manufacture these jerseys: the Cutting Department and the Sewing, Allocation of OH Costs - Waterfall, Ltd.; Background information Waterfall, Ltd. manufactures custom basketball jerseys for professional basketball teams. u do first? Assume that direct labor is an avoidable cost in this decision. Communication The Norse Division of Gridiron Concepts Inc. experienced significant revenue and profit growth from 20Y4 to 20Y6 as shown in the following divisional income statements: There are no support department allocations, and the division operates as an investment center that must maintain a 15% return on invested assets. The following data are for the most recent year of operations: The division's margin used to compute ROI is closest to: Multiple Choice 34.4% 37.5% 25.0% 9.4% Expert Solution Want to see the full answer? Given Return on Investment =20% Xenold, Inc., has been in business for over 15 years and is considered a relatively stable stock, despite its link to the cyclical construction industry. The compan, Gilde Industries is a division of a major corporation. Last year the division had total sales of $21,300,000, net operating income of $575,100, and average operating assets of $5,000,000. What is the residual income? 2. The following information relates to last year's operations at Swift Company: Residual Income $170,000, Net Operating Income $180,000, Sales $500,000, Average Operating Assets $ 100,000. an; an Residual income is the income earned, A: Residual income = Operating income - Minimum required return The following data are for the most recent year of operations: Sales $ 37,080,000 Net operating income $ 3,108,960 Average operating assets $ 8,600,000 The company's minimum required rate of return 16 % The division's residual income is closest to: $1,732,960 A) Set clear expectations for each team member, with SMART goals. Round percentages to one decimal place and the investment turnover to two decimal places. The division's margin is closest to: (a) 28.4% (b) 22.6% (c, Coolbrook company has the following information avaiable for past year. Will this improve the divisions financial situation? Residual income can be defined as a remaining income left with the company after deducting the expenses made on the capital expenditures from the operating income. 4.Explain why the market was out of equilibrium (what caused it to be out of equilibrium) and what needed to be done to bring the market back to equilibrium. = NET OPERATING INCOME - (AVERAGE OPERATING ASSETS X MINIMUM REQUIRED RATE OF, A: Given information The following data are for the latest year of operations: Sales $14,720,000 Net operating income $1,000,960 Average operating asset $4,000,000 The c, Beak Industries is a division of a major corporation. The following formula used to calculate Residual income as follows under:- It is calculated by, A: Given information A bonus is paid, in 8,000 increments, for each whole percentage point that the divisions return on investment exceeds the company average. If sales revenues are 20 percent greater than expected, what is the percentage increase in profits? Dacker Products is a division of a major corporation. 2. Data concerning the most recent year appears below: Sales $17,400,000 Net operating income $870,000 Average operating assets $4,000,000 What is the division's return on investment (ROI)? B. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. The company's minimum required rate of return is 12%. Compute the margin and turnover ratios for each year. = NET OPERATING INCOME - (AVERAGE OPERATING ASSETS X MINIMUM REQUIRED RATE OF, A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for, A: Return on investment (ROI) is a performance statistic used to evaluate the efficiency or, A: ROI means Return on investment by the company which says that how much net income is earned on, A: Return on investment = Net operating income / Average operating assets, A: Return on investment represents the profit earned on an investment made. 6. Data concerning the most recent year appears below: Sales $17,610,000; Net operating income $1,021,380; Average operating assets $4,780,000. True or False, The cost of capital is the average rate of return that the company earns on its investments. As an alternative, the calculators can be sold in their present condition for $40,000. Last year the division had total sales of $26,110,000, net operating income of $1,801,590, and average operating assets of $7,000,000. During the current year. For the Cleaning Products Division, calculate: a. ROI and residual income are tools used to evaluate managerial performance in investment centers. The company estimates that 60% of the fixed manufacturing overhead cost above could be eliminated if the parts are purchased from the outside supplier. a. 5.6% C. 21.8, The Consumer Products Division of Weiter Corporation had average operating assets of $570,000 and net operating income of $65,100 in March. $25,800 b. where, Last year the division had total sales of $21,300,000, net operating income of $575,100, and average operating assets of $5,000,000. 20% B. Last year the division had total sales of $24,886,200, net operating income of $4,106,223, and average operating assets of $8,436,000. a. This site is using cookies under cookie policy . Rotan Corporation keeps careful track of the time required to fill orders. given The compan, Cabal Products is a division of a major corporation. He pays$4,424 in state taxes annually based on a state tax rate of 4%. Using the DuPont formula for return on investment, determine the profit margin, investment turnover, and return on investment of the Consumer Products Division, assuming that 143,750,000 of assets have been invested in the Consumer Products Division. If the division's average operating assets last year were $450,000, then the division's residual income for last year was .. Cabal Products is a division of a major corporation. The company's minimum required rate of return is 20%. 0.20 C. 5.1, Global Parts is a division of a major corporation. True or False, A vertically integrated company is less dependent on its suppliers than a company that is not vertically integrated. e. Suggest an alternative performance measure for motivating division managers to accept new investment opportunities that would increase the overall company income and return on investment. The company's minimum required rate of return is 13%. Requ, Cabal Products is a division of a major corporation. Compute ROI. The comp, Aide Industries is a division of a major corporation. (Round your answers to four significant digits.) Course Hero is not sponsored or endorsed by any college or university. $3,058,960; $4,248,960 $(3,277,840) A variable interval schedule is one in which a response is reinforced only after an/a, b. unpredictable number of responses are made, c. specified number of responses are made. The divisions have the following revenues and expenses for June 2022: Cassette Vinyl CD Revenues $82,000, The TARDIS Corporation produces and sells a single product--Sonic Screwdrivers. u do first? The company's, Cabal Products is a division of a major corporation. Sales = $490000 You have been asked to analyze the possible reasons the Specialty Products Division manager rejected the new product line. , gh it was immature attempt at humor. Last year the division had total sales of $10,400,000, net operating income of $540,800, and average operating assets of $2,392,000. Learn residual income definition and residual income formula. In year 3 the company would have to incur one-time renovation expenses of $96,000. average Operating Assets is, A: Profit Margin = Income from Operations / Sales For the Small Appliances Division, calculate: a. Lowest Acceptable tranfer price Compute the margin of safety in dollars based on the given income statement. Start your trial now! The following data are for the most recent year of operations: Sales $ 36,480,000 Net operating income $ 2,808,960 Average operating assets $ 8,000,000 The company's minimum required rate of return 16 % The division's residual income is closest to: Multiple Choice a. A: Here in this question, we are required to calculate break even point for Division A. Margin, Turnover, Return on Investment Pelak Company had sales of 25,000,000, expenses of 17,500,000, and average operating assets of 10,000,000. Based on your computations, write a brief memo to the president of Gridiron Concepts Inc., Knute Holz, evaluating the divisions performance. The following data are for the most recent year of operations: Vandenheuvel Corporation keeps careful track of the time required to fill orders. Calculate the residual income for the Avila Division. What is the residual income for the division? Variable manufacturing overhead 2 Last year the division had total sales of $23,100,000, income of and average operating assets of $5,500,000. True or False, A complete income statement need not be prepared as part of a differential cost analysis. The profitability index of the project is closest to (Ignore income taxes. 4.40% b. average Operating Assets is, A: Income statement is one of the financial statement being prepared by business for showing all. True or False, In target costing, the cost of a product is the starting point and the selling price follows from the cost. a)Calculation of return on investments as follows under:-, A: Solution 1A to 1C As a result, Xenold stock has an opportunity cost of 5 percent over the 4 percent long-term government bond rate. Last year the division had total sales of $21,300,000, net operating income of $575,100 and average operating assets of $5,000,000 The company's minimum required rate of return is 12% The division s ma, Cooking Wares is a division of a major corporation. The condensed income statement for the Consumer Products Division of Tri-State Industries Inc. is as follows (assuming no support department allocations): The manager of the Consumer Products Division is considering ways to increase the return on investment. The following data are for the most recent year of operations: Sales$ 37,880,000Net operating income$ 3,508,960Average operating assets$ 9,400,000The company's minimum required rate of return14%. 3. Average operating assets b. Based on this information, calculate asset turnover. Compute the ROI and the margin and turnover ratios for each year for the Furniture Division. Last year the division had total sales of $21,720,000, net operating income of $1,346,640, and average operating assets of $4,778,400. The residual income is the residue of net income after deducting an amount equivalent of cost of using the assets of the company funded by finance providers. The company, Cabal Products is a division of a major corporation. (Round to four significant digits.) Required: 1. a; a, 10). The company's tax rate is 30%. No other cash outflows would be required. The following data are for the latest year of operations: Sales $5,820,000, Net operating income $436,500, Average operating assets $2,000,000. Following is thecalculation Division Margin used to compute ROI closest to for Dacken as follows- Margin = Net Opreat, Dacker Products is a division of a major corporation. Last year the division had total sales of $21,300,000, net operating income of $575,100, and average operating assets of $5,000,000. True or False, Opportunity costs represent costs that can be reduced by effective management of operations. $300,000 B. 1. The minimum acceptable return on assets is 12%. 3. Compute: - The divis, Cabell Products is a division of a major corporation. 3. 2.09. 20% B. what is the minimum acceptable operating income. The division's, Gilde Industries is a division of a major corporation. The minimum required rate of return for performance eval, Fanfa Industries is a division of a major corporation. The following data are for the last year of operations: Sales $16,640,000 Net operating income $399,360 Average operating assets $4,000,000 The, Ash Wares is a division of a major corporation. Numerator The following data are for the latest year of operations: Sales $5,820,000 Net operating income $436,500 Average operating assets $2,000,000 T. The Portland Division's operating data for the year 2015 is as follows: Return on investment - 12% Minimum required rate of return - 10% Average net operating assets - $500,000 Sales - $1,600,000 Compute the net operating income of 2015. Whereas, variable cost is the, A: Ratio analysis is a method of measuring the financial position of the organization with different, A: As posted multiple sub parts we are answering only first three sub parts kindly repost the. If expenses could be reduced by 3,450,000 without decreasing sales, what would be the impact on the profit margin, investment turnover, and return on investment for the Consumer Products Division? Profit margin, investment turnover, and ROI Briggs Company has operating income of 36,000, invested assets of 180,000, and sales of 720,000. b.If expenses could be reduced by $240,000 without decreasing sales, what would be the impact on the profit margin, investment turnover, and return on investment for the International Division? You are meeting with your new remote team for the first time. During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000,000. The following data are for the latest year of operations. Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales$36,480,000 Net operating income$2,808,960 Average operating assets$8,000,000 The company's minimum required rate of return 16% The division's return on investment (ROI) is closest to: 35.1% b) Net operating income less the minimum required return on average operating assets. $ 9,900,000 Last year the division had total sales of $21,120,000, net operating income of $2,006,400, and average operating assets of $6,000,000. The following data are for the most recent year of operations: Sales $11,520,000 Net operating income $322,560 Average operating assets $3,000,000 The company's minimum required rate of return 10% The di. Dacker Products is a division of a major corporation. Average operating assets b. When a company is cash poor, a project with a short payback period but a low rate of return may be preferred to a project with a long payback period and a high rate of return. 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, Eacher Wares is a division of a major corporation. (Note: Round the answer for margin ratio to two decimal places.) Aide Industries is a division of a major corporation. The following data are for the most recent year of operations: Sales Net operating income Average operating assets The company's minimum required rate of return $37,580,000 $ 3,358,960 $ 9,100,000 14% The division's margin used to compute ROI is closest to: Multiple Choice 33.2% O 36.9% o 24.2% 8.9% What is Harry's marital status, and how many dependents does he claim? At the end of 9 years, the machine would have a salvage value of $20,500. Cost of Goods sold = $ 800000 A. The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales Net operating income Average operating assets Stockholders' equity Residual income $760,000 $ 46,000 $260,000 $ 76,000 $ 16,000 For the past year, the margin used in ROI calculations was: Multiple Choice 6.05% O O 8.72% O 10.00% 8.16% C. Experts are tested by Chegg as specialists in their subject area. What is, Gilde Industries is a division of a major corporation. The divisional manager has decided to increase the advertising budget by 140,000 and cut the average selling price to 200. 2. $38,380,000 Data concerning the most recent year appears below: Sales $17,830,000 Net operating income $838,010 Average operating assets $4,570,000 The divisi, Given the following Data: Division A Division B Division C Sales $6,500,000 $10,500,000 $9,600,000 Average operating assets $1,300,000 $5,250,000 $1,920,000 Net operating income $364,000 $1,008,000 $273,600 Minimum required rate of return 21.00% 19.20% 18, Aide Industries is a division of a major corporation. C. 2.65. 15% Dacker Products is a division of a major corporation. The company's minimum required rate of return is 18%. The division's turnover used to compute ROI is closest to: Serie Inc. reported the following results from last years operations: At the beginning of this year, the company has a $2,100,000 investment opportunity, If the company pursues the investment opportunity and otherwise performs the same as. A: DuPont system: It is a profitability ratio calculated by the firm dividing operating income, A: Contribution margin = Total sales - Variable costs The divi, Gilde Industries is a division of a major oorporation. Residual, A: Note: Some fixed cost are not allocable to the segment that type of cost are called Common fixed, A: Formula for EVA The following data are for the last year of operations: Sales $16,640,000 Net operating income $399,360 Average operating assets 4,000,000 The companies minimum required rate of return 18% a) The di, Cabal Products is a division of a major corporation. Question: Dacker Products is a division of a major corporation. Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division. Dacker Products is a division of a major corporation Accounting Free Solutions 93 subscribers Subscribe 0 Share No views 1 minute ago Show more Show more Vintage Spring Paintings Art For Your TV. The company's minimum required rate of return is 18%. Residual Income The Avila Division of Maldonado Company had operating income last year of 136,400 and average operating assets of 1,900,000. A company's current net operating income is $16,800 and its average operating assets are $80,000. =, A: Calculation of minimum acceptable return on assets: a. Data concerning the most recent year appears below: Sales $17,950,000 Net operating income $1,005,200 Average operating assets $4,890,000 The division's margin is closest to: A. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Residual income The Commercial Division of Galena Company has operating income of 12,680,000 and assets of 74,500,000. What is implied by space as a form of nonverbal communication? = $245,000 - $58,800 ACCT 2402 Chapter-10 Quiz (Solutions) (1).docx. Compute the operating leverage based on the given income statement. Last year the division had total sales of $23,510,300, net operating income of $2,562,623, and average operating assets of $7,018,000. Small AppliancesDivision Cash Vs Debit Card =. Check out a sample Q&A here See Solution star_border Maldonados minimum acceptable rate of return is 9%. Last year the division had total sales of $20, 440,000, net operating income of $1, 860, 040, and average operating assets of $7,000,000. The company, Cabell Products is a division of a major corporation. a) What is t, Ash Wares is a division of a major corporation. The company has a soccer ball that sells for $30 per ball. 90 True or False. Katayama Company produces a variety of products. Residual value is a excess, A: Residual income = Income from operations - (Assets * Minimum acceptable return on assets), A: Residual income is the income earned over and above income at minimum required rate of return level., A: Reportable Segment: Reporting financial and descriptive information regarding reportable segments is, A: CALCULATION FOR RESIDUAL INCOME : $67,500 b. (Note: Round answer to two decimal places.) Last year the division had total sales of $18,690,000, net operating income of $934,500, and average operating assets of $5,233,200. Last year the division had total sales of $12,270,000, net operating income of $834,360, and average operating assets of $3,190,200. c) Contribution margin plus the minimum required return on a. 3.Share an example from your own experience when the market Course Hero is not sponsored or endorsed by any college or university. B) Ensure that team members understand the larger goals of the company True or False, A shorter payback period does not necessarily mean that one investment is more desirable than another. $ 3,758,960 The simple rate of return on the investment is closest to (Ignore income taxes. Repeat, using the contribution margin ratio. Dacker Products is a division of a major corporation. = 5.77%, A: Cost accounting is the branch of accounting that inspects the cost structure of a business. Investment in division X = 379,700, A: Break even sale is the amount which covers all the costs incurred by an entity but do not result in, A: The question is related to Residual Income or Retained Earnings. EVA = NOPAT - WACC x Capital Invested. The company's minimum required rate of return is 13%. These assumptions are, A: Sales = $ 1000000 Calculate ROI and residual income for each division: A: Return on investment is a profitability measure that determines how well an investment performed. The annual depreciation on the new machine would be $88,300. If these calculators are upgraded at a total cost of $100,000, they can be sold for a total of $160,000. $3,866,226, and average operating assets of $7,081,000. 19.23 B. Each division is evaluated as a profit center. Using the sales margin from the previous exercise, what is the total ROI for the company during the current year? At what selling price per unit would the company be as well off as if it just sold the calculators in their present condition? Cabell Products is a division of a major corporation. b. Sylveon and Glaceon. CONCEPTUAL CONNECTION Comment on why the ROI for Elway Company is relatively high (as compared to the lower ROI of a typical manufacturing company). -Sales 50,000,000 -Operating Income 3,200,000 -Average Operating Assets 10,000,000 The com, The Casket Division of Saal Corporation had average operating assets of $1,110,000 and a net operating income of $295,200 in January. , gh it was immature attempt at humor. ANSWER= [1] OPTION-(D) IS THE CORRECT ANSWER.8.9%. Return On Investment =NetOperatingIncomeAverageOperatingAssets $, Coolbrook Company has the following information available for the past year: River division Stream division Sales revenue $1,208,000 $1,819,000 Cost of goods sold and operating expenses 892,000 1,296,000 Net operating income $316,000 $523,000 Average inve, Coolbrook Company has the following information available for the past year: River Division Stream Division Sales revenue $1,209,000 $1,805,000 Cost of goods sold and operating expenses 887,000 1,300,000 Net operating income $322,000 $505,000 Average inve, Starship Corporation uses the residual income to evaluate the performance of its divisions. Dacker Products is a division of a major corporation. ), Schlarbaum Corporation's management keeps track of the time it takes to process orders. At the end of the year, Elway had 23,700,000 in operating assets. What is the sales margin? The following information is available for our company for the current year: Operating income $75,000 Average total assets $500,000 Net sales $750,000 Required rate of return 12% Calculate residual income. Carl Warren, Ph.d. Cma William B. Tayler, Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger. Createyouraccount, The division's residual income is $1,748,960 (d). The income tax expense in year 2: The management of Leitheiser Corporation is considering a project that would require an initial investment of $57,000. B. Calculate EVA for each division and for Xenold, Inc. 4. This, A: Residual income = Operating income - (Average invested assets*Minimum required rate of return), A: Solution: Net Profit = sales - cost of goods, A: Residual income means the income that one might continue to receive even after completion of the, A: Note:- Since you have posted a question with multiple sub-parts, we will solve the first three, A: Working Note: The division's, Cabal Products is a division of a major corporation. What are the invested capital and ROI for Macon? Get access to this video and our entire Q&A library, What Is Residual Income? an; a 5. A: Please find the answers to the above questions below: A: Profit margin ratio: How would that affect average operating assets? Fusce dui lectu, View answer & additonal benefits from the subscription, Explore recently answered questions from the same subject, Explore documents and answered questions from similar courses, Explore recently asked questions from the same subject. The following data are for the most recent year of operations: Compute the ROI and the margin and turnover ratios for each year for the Houseware Division. 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. Support your answer by determining the projected return on investment for 20Y6, assuming that the new product line was launched in the Specialty Products Division and 20Y6 actual operating results were similar to those of 20Y5. The following data are for the latest year of operations: Sales 5,820,000 dollars, Net operating income 436,500 dollars, Average operating assets 2, The Consumer Products Division of Mickolick Corporation had average operating assets of $490,000 and net operating income of $41,000 in August. georgina hayes grange hill,

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dacker products is a division of a major corporation