dacker products is a division of a major corporation dacker products is a division of a major corporation

/ b. This site is using cookies under cookie policy . Data for each division for last year are as follows (numbers in thousands): The income tax rate for Xenold, Inc., is 40 percent. 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% Compute the ROI and the margin and turnover ratios for each year for the Furniture Division. C. 2.65. Dacker Products is a division of a major corporation. In January, the Commercial Products Division had average operating assets of $970,000 and a net operating inc, The following information is available for our company for the current year: Operating income $45,000 Average total assets $400,000 Net sales $900,000 Required rate of return 12% Calculate the profit margin. 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 turnover used to compute ROI is closest to: Explanation Turnover = Sales . Turnover = Sales 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. Cabell Products is a division of a major corporation. Net operating income $1141700 If operating i, Chece Products is a division of a major corporation. The return on investment is, A: ROI means return on investment which means how much returns or net income is getting generated on, A: Note: Some fixed cost are not allocable to the segment that type of cost are called Common fixed, A: RESIDUAL INCOME IS TYPICALLY USED TO ASSESS THE PERFORMANCE OF CAPITAL INVESTMENT , TEAM ,, A: Solution:- The following data are for the most recent year of operations: Vandenheuvel Corporation keeps careful track of the time required to fill orders. , gh it was immature attempt at humor. You have been asked to analyze the possible reasons the Specialty Products Division manager rejected the new product line. 4. Sugar beets are processed in batches. The The following data are for the most recent year of operations: Sales $12,000,000 Net operating income $400,000 Average operating assets $2,500,000 Company's minimum required rate of return 10% The divisi, Esh Wares is a division of a major corporation. 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. Dacker Products is a division of a major corporation. Residual income The company's minimum required rate of return is 14%. Dacker Products is a division of a major corporation. Multiple Choice Dacker Products is a division of a major corporation. Justify your choice, 1.Explain where the market equilibrium occurs. Residual Income The Avila Division of Maldonado Company had operating income last year of 136,400 and average operating assets of 1,900,000. First we need to calculate Net Operating, A: Margin = Operating income/Sales 5% c. 8.89% d. 11.25%, Esh Wares 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. 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. A bonus is paid, in 8,000 increments, for each whole percentage point that the divisions return on investment exceeds the company average. Solved Dacker Products is a division of a major corporation. - Chegg Data concerning the most recent year appears below: Sales $17,810,000 Net operating income $783,640 Average operating assets $4,640,000 The division's return on investment (ROI) is: a. All other trademarks and copyrights are the property of their respective owners. Residual, A: Note: Some fixed cost are not allocable to the segment that type of cost are called Common fixed, A: Formula for EVA Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. assets $ 8,600,000 The company's minimum required rate of return 16 Xenold, Inc., manufactures and sells cooktops and ovens through three divisions: Home, Restaurant, and Specialty. Calculate EVA for each division and for Xenold, Inc. 4. Denominator At the end of the year, Elway had 23,700,000 in operating assets. It is calculated by, A: Given information The following data are for the latest year of operations. A manager would generally like to see a trend indicating a decrease in setup time. The new machine would replace some old equipment that would be sold for scrap now, yielding $21,300. 5. Last year, the division had total sales of $21,520,000, net operating income of $538,000, and average operating of $8,000,000. 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. Sylveon and Glaceon. Last year, the division had total sales of $10,040,000, net operating income of $582,320, and average operating assets of $4,000,000. The division, Heavey Fabrication is a division of a major corporation. Calculate any changed ratios (round to four significant digits). Dacker Products is a division of a major corporation. A batch of sugar beets costs $60 to buy from farmers and $19 to crush in the company's plant. 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. The minimum required rate of return for performance eval, Fanfa Industries is a division of a major corporation. Maldonados minimum acceptable rate of return is 9%. The company estimates that 60% of the fixed manufacturing overhead cost above could be eliminated if the parts are purchased from the outside supplier. Variable costs = Sales * Variable costs as a % of, A: ROI means return on investment. The following data are for the most recent year of operations: Sales | $11,520,000 Net operating | $322,560 Average operating assets | $3,000,00, The following information is available on Company A. a. Cash Vs Debit Card = $136,950 / $415,000 The company's minimum required rate of return is 12%. The following formula used to calculate as follows:- A: Please find the answers to the above questions below: A: Profit margin ratio: Formula = turnover/ Average operating assets An advantage of using ROI to evaluate performance is that it encourages the manager to reduce the investment in operating assets as well as increase net operating income. $22,500 c. $37,500 d. $, Coolbrook Company has the following information available for the past year: River Division Stream Division Sales revenue $1,202,000 $1,810,000 Cost of goods sold and operating expenses $898,000 $1,281,000 Net operating income $304,000 $529,000 Average in, Coolbrook Company has the following information available for the past year: River Division Stream Division Sales revenue $1,210,000 $1,805,000 Cost of goods sold and operating expenses 896,000 1,284,000 Net operating income $314,000 $521,000 Average inv, ABC Company is a division of XYZ Company. 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. = $2,000,000/$34,670,000 what is the minimum acceptable operating income. What is the residual income for the division? Return On Investment =NetOperatingIncomeAverageOperatingAssets You'll get a detailed solution from a subject matter expert that helps you learn core concepts. The annual depreciation on the new machine would be $88,300. Know how to calculate residual income with examples. Net operating income $1141700 Sales = Contribution Margin / Sales First week only $4.99! 16.89% c. Revise the data in your worksheet as follows: Sales $40,000,000 Net operating income $4,400,000 Average operating assets $10,000,000 Minimum required rate of return 13% A. Profit margin, investment turnover, and ROI Briggs Company has operating income of 36,000, invested assets of 180,000, and sales of 720,000. Createyouraccount, The division's residual income is $1,748,960 (d). The following data are for the most recent year of operations: Sales$ 37,880,000Net operating income$ 3,508,960Average operating assets$ 9,400,000The company's minimum required rate of return14% The division's residual income is closest to: Boney Corporation processes sugar beets that it purchases from farmers. Net operating income Turnover=NetoperatingincomeAverageoperatingassets, A: Break even sale is the amount which covers all the costs incurred by an entity but do not result in, A: Residual income for the division = Net income - average invested capital x Cost of capital, A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for. 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. Data for each division for last year are as follows (numbers in thousands): The income tax rate for Xenold, Inc., is 40 percent. 37,080,000 Net operating income $ 3,108,960 Average operating a; a, 10). In order to best encourage their individual performance development, what should yo At present, the ball is, Clyde's Comfort, Inc., produces and sells four different sizes of dog beds: Small, Medium, Large, and Extra Large. Last year the division had total sales of $11,440,000, net operating income of $686,400, and average operating assets of $2,402,400. The division, Cabal Products is a division of a major corporation. Last year the division had total sales of $20,070,000, net operating income of $1,063,710, and average operating assets of $4,415,400. 2. a)Calculation of return on investments as follows under:-, A: Solution 1A to 1C If sales revenues are 20 percent greater than expected, what is the percentage increase in profits? CONCEPTUAL CONNECTION Briefly explain the meaning of ROI. 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. What is the return on investment for Division A? Working capital in the amount of $10,000 would be required. Harry Parsons' annual salary is $112,600. The company's minimum required rate of return is 13%. 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. ACCT 2402 Chapter-10 Quiz (Solutions) (1).docx. The following data are for the most recent year of operations: The company would need to invest $168,000 in equipment that will have zero salvage value at the end of the project. 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. 1. Question: Dacker Products is a division of a major corporation. The company's minimum required rate of return is 13%. The division's residual income is closest to: A: Residual Income Eber Wares is a division of a major corporation. 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. Margin? Dacker Products is a division of a major corporation. Residual income The Commercial Division of Galena Company has operating income of 12,680,000 and assets of 74,500,000. Dacker Products is a division of a major corporation. The company's minimum required rate, Eban Wares is a division of a major corporation. Residual Income, A: Contribution margin for Business Division's = Sales - Variable expenses d. Why might the manager of the Specialty Products Division decide to reject the new product line? Last year the division had total sales of $36,160,000, net operating income of $2,892,800, and average operating assets of $8,000,000. a; a, 10). True or False, A vertically integrated company is less dependent on its suppliers than a company that is not vertically integrated. What is the residual income? 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 the financial advantage (disadvantage) for the company from processing one batch of sugar beets into the end products industrial fiber and refined sugar rather than not processing that batch at all? Variable manufacturing overhead 2 Income, A: Investment center profit margin = Income / Sales *100, A: The turnover is calculated as : A: SOLUTION Determine the Specialty Products Division managers bonus for the past year. An order the president gives based on the authority of the Constitution is called _____. The company requires a minimum pretax return of 9% on all investment projects. 2. Katayama Company produces a variety of products. Cleaning ProductsDivision The company's minimum required rate of return is 14%. Xenolds total capital employed is 5.04 million (2,600,000 for the Home Division, 1,700,000 for the Restaurant Division, and the remainder for the Specialty Division). acc 17.docx - Dacker Products is a division of a major corporation. The Required: 1. Last year the division had total sales of $25,320,000, net operating income of $1,924,320, and average operating assets of $6,000,000. Prepare a segmented income statement for Xenold, Inc., for last year. $300,000 B. 3. 35.6% ABC Products is a division of a major corporation. Last year the division had total sales of $23,100,000, income of and average operating assets of $5,500,000. 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. The following data are for the latest year of operations. Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. a; an =$1,738,080$6,000,000=28.97%, A: Division return on investment = Net profit / Average total assets =, A: (1) Compute average operating assets. The company's tax rate is 30%. Comment on the performance of each of the divisions. Required: Compute the (1) operating income, (2) margin and turnover ratios, and (3) ROI. The division turnover is closest to: A. 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. Selling expenses = $ 100000 EVA = NOPAT - WACC x Capital Invested. 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. The division's margin is closest to: (a) 28.4% (b) 22.6% (c, Coolbrook company has the following information avaiable for past year. Required: 1. The following data are for the most recent year of operations: The company's minimum required rate of return. River division Sales Revenue $1,200,000 Cogs and operating expenses 897,000 Net operating income 303,000 Average invested assets $1,110,000 Stream division Sales revenue $1,806,000, The following information relates to last year's operations at the Paper Division of Germane Corporation: Minimum required rate of return 15% Return on investment (ROI)18% Sales $810,000 Turnover (on operating assets) 5 times What was the Paper Division's, Division B had an ROI last year of 15%. Dacker Products is a division of a major corporation. Compute: - The divis, Cabell Products is a division of a major corporation. The division's margin used to compute ROI is closest to: These actions will increase sales revenues by 1 million. You can specify conditions of storing and accessing cookies in your browser, Dacker Products is a division of a major corporation. The following data are for the last year of operations: Sales $19,080,000 Net operating income $591480 Average operating assets $6,000,000 Minimum required rate of return 12% The division's margin is c, Daab Products is a division of a major corporation. 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. The companys tax rate was 40%. Managerial Accounting Chapter 9 - Part 2 Flashcards | Quizlet 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. The company, Cabell Products is a division of a major corporation. Last year the division had total sales of $11,440,000, net operating income of $686,400, and average operating assets of $2,402,400. C Company had the following results last year: Net operating income $1,080 Turnover 2 ROI 9% C Company's average operating assets were _____. . A) Set clear expectations for each team member, with SMART goals. Prepare a segmented income statement for Xenold, Inc., for last year. where, Requ, Cabal Products is a division of a major corporation. Last year the division had total sales of $12,310,000, net operating income of $720,000, and average operating assets of $4,000,000. Last year the division had total sales of $24,040,500, net operating income of $3,726,278, and average operating assets of $7,755,000. Data concerning the most recent year appears below: Sales $17,860,000 Net operating income $1,125,180 Average operating assets $4,970,000 The divi, Iba Industries is a division of a major corporation. 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: In year 3 the company would have to incur one-time renovation expenses of $96,000. Average Operating, A: Residual income is the excess net income over the minimum required rate of return The company's minimum required rate of return is 13%. The company's minimum required rate of return is 12%. It depends upon the earnings after tax,, A: Formula; A: ROI stands for return on investment that shows the return earned by the company on the investment. 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. 3. = 5.77%, A: Cost accounting is the branch of accounting that inspects the cost structure of a business. Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of $30,000, and invested assets of $600000. 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. 9.8%, Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger, Carl Warren, Ph.d. Cma William B. Tayler, Dacker Products is a division of a major corporation. was not in equilibrium for a product or service. Required: 1. Last year the division had total sales of $8,790,000, a net operating income of $428,400, and average operating assets of $3,000,000. 17.4% b. The following data are for the latest year of operations: Sales $24,900,000 Net operating income 900,400 Average operating assets 6,000,000 Corporation's minimum required rate of return 12% Required: a, Eacher Wares is a division of a major corporation. A: 1) The profitability index of the project is closest to (Ignore income taxes. a. 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. The company's required rate of return is 18%. Sales $38,000,000 Net Operating Income $2,800,000 Average Operating Assets $15,000,000 The company's minimum required rate of return 20% Requi, Chace Products is a division of a major corporation. What is Harry's marital status, and how many dependents does he claim? a. Required: 1. TARDIS has the capacity to produce 100,000 Sonic Screwdrivers each year. Course Hero is not sponsored or endorsed by any college or university. Dacker Products is a division of a major corporation. = A projected income statement for the new product line is as follows: The Specialty Products Division currently has 27,000,000 in invested assets, and Last Resort Industries Inc.s overall return on investment, including all divisions, is 10%. 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. Xenold, Inc., has two sources of financing: bonds paying 5 percent interest, which account for 25 percent of total investment, and equity accounting for the remaining 75 percent of total investment. Margin c. Turnover d. Return on investment (ROI) 2. 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. CONCEPTUAL CONNECTION Comment on why the ROI for Elway Company is relatively high (as compared to the lower ROI of a typical manufacturing company). Identify the articles that correctly complete the following sentence. Last year, the division had total sales of $25,540,000, net operating income of $1,277,000, and average operating assets of $7,151,200. (Selling price to Outside customers, A: Return on Investment is used to evaluate the profitability of an asset or an investment and the. = NET OPERATING INCOME - (AVERAGE OPERATING ASSETS X MINIMUM REQUIRED RATE OF, A: Given information This, A: Residual income = Operating income - (Average invested assets*Minimum required rate of return), A: Solution: 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? $25,800 b. AC 351 quizlet chapter 11, 12, 13 Flashcards | Quizlet The company, Cabal Products is a division of a major corporation. The minimum required rate of return for performance evaluation purposes is 9%. 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. Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of $30,000, and invested assets of $600000. 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. As a result, Xenold stock has an opportunity cost of 5 percent over the 4 percent long-term government bond rate. 9.90. The division's r, Iba Industries is a division of a major corporation. The company's mi, Cabal Products is a division of a major corporation. Dacker Products is a division of a major corporation. Each division manager is evaluated on the basis of divisional return on investment. True or False. an; an Course Hero is not sponsored or endorsed by any college or university. This shows, A: Target Rate of return: Calculate ROI and residual income for each division: A: Return on investment is a profitability measure that determines how well an investment performed. $1,040,640, and average operating assets of $3,902,400. Answered: Dacker Products is a division of a | bartleby 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% (Round your percentage answer to 2 decimal places.).