A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Do not round your intermediate calculations.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income $ $ $ Company A 350,000 $ 30,060 $ 167,000 18 % 15 % $ Company B 830,000 52,000 18 % 52,000 % Company C $ 560,000 $ $ 141,000 % 11 % 7,000

A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Do not round your intermediate calculations.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income $ $ $ Company A 350,000 $ 30,060 $ 167,000 18 % 15 % $ Company B 830,000 52,000 18 % 52,000 % Company C $ 560,000 $ $ 141,000 % 11 % 7,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 5PA: Financial information for BDS Enterprises for the year-ended December 31, 20xx, was gathered from an...

See similar textbooks

Similar questions

A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry Supply the missing data in the table below: (Loss amounts should be indicated by o minus sign. Round your percentage answers to nearest whole percent.) Company B Sales $ 9,090,000 $ 7,150,000 $ 4,635,000 Net operating income Average operating assets Return on investment (ROI) 288,000 $ 1,854,000 $ 3,030,000 10 % 18 % Minimum required rate of return Percentage 8% 12 % Dollar amount 256,000 Residual income 92,700
A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent and other amounts to whole dollars.) Company B 730,000 38,000 Sales 340,000 24 530,000 Net operating income Average operating assets Return on investrment (ROI) 162,000 157,000 15 % 17 % Minimum required rate of return Percentage 17% 10 % Dollar amount. 51,000 Residual income 7,000
Teck my A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Do not round your intermediate calculations.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income Company A Company B Company C $ 320,000 $ 690,000 $ 560,000 $ 36,000 $ 154,000 $ 147,000 21 % 17 % % 16% % 15 % $ 58,000 $ 7,000
A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing data in the table below: (Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent and other amounts to whole dollars.) Company A C Sales $ 340,000 $ 760,000 $ 650,000 Net operating income $ 40,000 Average operating assets $ 164,000 $ 159,000 Return on investment (ROI) 21 % 18 % % Minimum required rate of return: Percentage 18 % % 10 % Dollar amount $ 57,000 Residual income $ 5,000 %24
Required information Skip to question [The following information applies to the questions displayed below.] CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales $ 4,980,000 Net operating income $ 298,800 Average operating assets $ 830,000 The following questions are to be considered independently. Required: 1. Compute the company's return on investment (ROI). (Do not round intermediate calculations. Round your answer to 2 decimal places.) Return on investment (ROI) %
Comparative data on three companies in the same service industry are given below. Required: 2. Fill in the missing information. Note: Round the "Turnover" and "ROI" answers to 2 decimal places. Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) A $ 3,724,000 $ 670,320 $ 1,960,000 % $ $ Company B 2,368,000 402,560 13.60 % C $ 3,490,000 5% 2.40 %
Required information [The following information applies to the questions displayed below.] CommercialServices.com Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales Net operating income Average operating assets $ 4,500,000 270, 000 900,000 2$ 24 The following questions are to be considered independently. ces Required: 1. Compute the company's return on investment (ROI). (Do not round intermediate calculations. Round your answer to 2 decimal places.) Return on investment (ROI)
< ces A family friend has asked for your help in analyzing the operations of three anonymous companies. Required: Supply the missing data in the tabulation below: (Negative amounts should be indicated with a minus sign.) Sales Net operating income Average operating assets Return on investment Minimum required rate of return: Percentage Dollar amount Residual income (loss) $ 10,870,000 $ 4,120,000 17 % 15 % Company B $ 6,800,000 $ 240,000 $ 15 % 320,000 % C $ 9,400,000 $ 5,200,000 $ 23 % 156,000 %
Supply the missing data for three service companies shown in the table below: Note: Loss amounts should be indicated by a minus sign. Round your percentage answers to nearest whole percent. Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income A Company B C $ 9,450,000 $ $ 7,750,000 329,000 $ 5,175,000 $ 3,150,000 $ 2,070,000 11 % 14 % % 9% $ 376,000 % 14 % $ 103,500
Financial information for BDS Enterprises for the year-ended December 31, 20xx, was gathered from an accounting intern, who has asked for your guidance on how to prepare an income statement format that will be distributed to management. Subtotals and totals are included in the information, but you will need to calculate the values. A. In the correct format, prepare the income statement using the following information: B. Calculate the profit margin, return on investment, and residual income. Assume an investment base of $100,000 and 6% cost of capital. C. Prepare a short response to accompany the income statement that explains why uncontrollable costs are included in the income statement.
You are a financial analyst working for a financial services provider. The financial information provided below is for two companies operating in the same industry: Statements of comprehensive income for year ended 31 December 2020 Tiger (Pty) Ltd Lion (Pty) Ltd Sales revenue 8 200 000 6 300 000 Less: variable costs 6 430 000 4 420 000 Cost of sales Selling expenses 6 230 000 200 000 4 160 000 260 000 Contribution 1 770 000 1 880 000 Less: fixed costs 840 000 690 000 Administration costs Production costs Selling costs 180 000 600 000 60 000 140 000 510 000 40 000 Earnings before interest and tax expense 930 000 1 190 000 Less: Finance costs 100 000 90 000 Profit before tax 830 000 1 100 000 Less: Income tax expense 249 000 330 000 Total comprehensive income for the year 581 000 770 000 Statements of changes in equity for year ended 31 December 2020 Tiger (Pty) Ltd…
ROI, comparisons of three companies. (CMA, adapted) Return on investment (ROI) is often ex- pressed as follows: Income Income Revenues Investment Revenues ^ Investment 1. What advantages are there in the breakdown of the computation into two separate components? 2. Fill in the blanks for the following table: Companies in Same Industry B $1,600,000 $ 96,000 $ 800,000 Revenues $1,300,000 Income $ 78,000 ? Investment $2,600,000 Income as a percentage of revenues Investment turnover 1.5% 2.0 ROI 3% After filling in the blanks, comment on the relative performance of these companies as thoroughly as the data permit.