Functional Ingredients Consumer Markets Performance Materials

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter10: Decentralization: Responsibility Accounting, Performance Evaluation, And Transfer Pricing
Section: Chapter Questions
Problem 1CE: Forchen, Inc., provided the following information for two of its divisions for last year: Required:...
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K
Oxide Chemical Corporation has three divisions. Following is division information from the most recent year.
(Click the icon to view the information.)
For each of the three divisions, calculate sales margin, capital turnover, and return on investment (ROI).
First calculate the sales margin for each division. (Enter the sales margin as a percent rounded to the nearest tenth of
a percent, X.X%.)
The sales margin for the Functional Ingredients division is
%.
Transcribed Image Text:K Oxide Chemical Corporation has three divisions. Following is division information from the most recent year. (Click the icon to view the information.) For each of the three divisions, calculate sales margin, capital turnover, and return on investment (ROI). First calculate the sales margin for each division. (Enter the sales margin as a percent rounded to the nearest tenth of a percent, X.X%.) The sales margin for the Functional Ingredients division is %.
Data table
Division Information for Oxide Chemical
For the Year Ending December 31
(All information is in millions Operating
of dollars)
Income
Functional Ingredients
Consumer Markets
Performance Materials
Print
$
$
$
5,124 $
3,073 $
3,995 $
Assets
Done
12,200 $
10,975 $
17,000 $
Sales
Revenue
21,350
21,950
17,000
- X
Transcribed Image Text:Data table Division Information for Oxide Chemical For the Year Ending December 31 (All information is in millions Operating of dollars) Income Functional Ingredients Consumer Markets Performance Materials Print $ $ $ 5,124 $ 3,073 $ 3,995 $ Assets Done 12,200 $ 10,975 $ 17,000 $ Sales Revenue 21,350 21,950 17,000 - X
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