Last year a company had sales of $410,000, a turnover of 2.1, and a return on investment of 29.4%. The company's net operating income for the year was: Multiple Cholce $63,140 $195,238 $120,540 $57,400
Q: During the current year, Sokowski Manufacturing earned income of $360,000 from total sales of…
A: Sales margin formula = Income earned/Total sales = $360,000 /$6,000,000
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A: The basic earning power ratio is another profitability ratio (BEP). The goal of BEP is to assess how…
Q: Manufacturing Inc. reported sales of $743,000 at the end of last year, but this year, sales are…
A: Hello. Since your question has multiple parts, we will solve first question for you. If you want…
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A: Financial forecast - It showing the projected financial statements incorporate current trends to…
Q: Last year the Your Company had sales of $826,650, net operating income of $81,000, and operating…
A: Turnover = Sales / (Average Operating Assets)
Q: The income statement for Forklift Electrical Ltd for two years are shown below: Forklift Electrical…
A: The question is based on the concept of Business Accounting.
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Q: Sheryl’s Shipping had sales last year of $13,000. The cost of goods sold was $7,100, general and…
A: Cash flows from operating activities: Cash flows from operating activities is a section of cash flow…
Q: Last year a company had sales of $400,000, a turnover of 2.4, and a return on investment of 36%. The…
A: Turnover ratio = Total Sales / Capital employed Hence Capital employed = Total Sales / Turnover…
Q: The Bottlebrush Company has income from operations of $69,768, invested assets of $204,000, and…
A: a. Calculate the profit margin for company B.
Q: During the current year, Sokowski Manufacturing earned income of $422,100 from total sales of…
A: Sales margin is the amount that is generated by the sale of product or services. It is calculated by…
Q: Last year a company had sales of $400,000, a turnover of 2.4, and a return on investment of 24%.…
A: Operating income: Operating income refers to the income earned from the day-to-day operations. It is…
Q: Given the following information for Blue Bell Company for last year: Net sales (all on account)…
A: Average Inventory = Opening Inventory + Closing Inventory 2…
Q: A business produces an annual net income of $103,000. The annual operating costs total rate of…
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Q: If a company had $15,000 in net income for the year, and its sales were $300,000 for the same year,…
A: Profit margin ratio: The profit margin ratio measures the net income generated for every dollar of…
Q: Cold Duck Manufacturing Inc. reported sales of $743,000 at the end of last year, but this year,…
A: Additional Funds Needed(AFN) represents the amount of money that company is required to raise from…
Q: Last year, Hassan's Madhatter, Inc. had an ROA of 6 percent, a profit margin of 12.80 percent, and…
A: The provided information are: ROA = 6% Profit margin = 12.80% Sales = $15 Million
Q: During the current year, Sokowski Manufacturing earned income of $327,600 from total sales of…
A: Sales margin means profit earned from the revenue generated from the sale of the goods or services.…
Q: The Millard Division's operating data for the past two years are provided below: Year 1 Year 2…
A: Return on investment is an important accounting ratio which helps management to identify the best…
Q: The Central Division of Burlington Company reported the following operating data for the past year…
A: "Since you have posted a question with multiple sub-parts, we will solve first three sub- parts for…
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A: Formulas:
Q: Ramala Corp's sales last year were $48,000, and its total assets were $25,500. What was its total…
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Q: Lemon Auto Wholesalers had sales of $1,000,000 last year, and cost of goods sold represented 78…
A: The question is based on the concept of business transaction analysis.
Q: A company has a profit margin of 10% and reports net sales of $4,000,000 and average total assets of…
A: Return on assets = Net income / Average total assets where, Average total assets = (Beginning total…
Q: The Millard Division's operating data for the past two years are provided be Year 1 Year 2 Return on…
A: Solution: To compute the sales, firstly Average operating assets Year 2 will be computed from…
Q: A consumer products company reported a 25 percent increase in sales from last year to this…
A: Given information is: A consumer products company reported a 25 percent increase in sales from last…
Q: Given the following information for Blue Bell Company for last year: Net sales (all on account)…
A: Debt to Asset ratio = Total debt / Total assets Given Total assets = $2,400,000 Assets = Debt +…
Q: Briggs Company has operating income of $36,000, invested assets of $180,000, and sales of $720,000.…
A: Solution- (1) Profit margin = operating income/sales = $36000/$720000 = 5% (2) investment…
Q: During the current year, Sokowski Manufacturing earned income of $270,000 from total sales of…
A: Sales margin Formula = Income earned/Total sales
Q: Bottlebrush Company has operating income of $150,720, invested assets of $314,000, and sales of…
A: The answer is as fallows
Q: Income statement data for Winthrop Company for two recent years ended December 31, are as follows:…
A: Increase (decrease) amount = Current Year Amount - Previous Year Amount Increase (decrease) percent…
Q: The company paid dividends of $407,440 last year. The "Investment in Buisson, S.A.," on the balance…
A: 1. AVERAGE OPERATING ASSETS : = ( BEGINNING TOTAL OPERATING ASSET + ENDING TOTAL OPERATING ASSET )…
Q: At the end of the year, Wrinkle Free Laundry (WFL) had $150,000 in total assets. (a)If WFL’s total…
A: Given: Total assets = $150,000 Total asset turnover ratio = 2 Return on asset = 6%
Q: For a recent year L’Oréal reported operating profit of €3,385 (in millions) for its cosmetics…
A: Return on investment: It can be defined as a financial ratio that is used to measure the efficiency…
Q: Neon Light Company has $1,000,000 in assets and $600,000 of debt. It reports net income of $100,000.…
A: return on sales=incomesales given, asset = $1000,000 debt = $600,000 asset turnover = 3
Q: Last year, Hassan's Madhatter, Inc. had an ROA of 6 percent, a profit margin of 12.80 percent, and…
A: Assets: These are the resources owned and controlled by business and used to produce benefits for…
Q: During the current year, Sokowski Manufacturing earned income of $396,900 from total sales of…
A: Formula: Sales margin = Earned income / Total sales.
Q: Last year, Jumpin' Trampolines (JT) had a quick ratio of 1.0, a current ratio of 1.8, an inventory…
A: Ratio analysis is the financial analysis that is used by corporations to estimate and determine…
Q: Ronald Company has current assets of $115,000 and current liabilities of $75,000 of which accounts…
A: Ratio analysis means that various ratio can be calculated with the given date of the company and…
Q: A company had the following results last year: sales, $700,000; return on investment, 28%; and…
A: Operating income = sales x margin % = $700,000 x 8% = $56,000
Q: 1. During the current year, Swarouskii Manufacturing earned income of P350,000 from total sales of…
A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…
Q: Given the following information for Blue Bell Company for last year: Net sales (all on account)…
A: Average common stockholders equity = ( beginning common stockholders equity + ending common…
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- 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. What is the sales margin?During the current year, Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. Using the sales margin from the previous exercise, what is the total ROI for the company during the current year?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. A. Based on this information, calculate asset turnover. B. Using the sales margin from the previous exercise, what is the total ROI for the company during the current year?
- Last year a company had sales of $400,000, a turnover of 2.4, and a return on investment of 36%. The company's net operating income for the year was: 1. $144,000 2. $120,000 3. $80,000 4. $60,000Last year Green Co. had sales of $800,000, a turnover of 3.5, and a return on investment of 14 %. Green Co.'s net operating income for the year was?Last year a company had sales of $400,000, a turnover of 2.4, and a return on investment of 36%. The company's net operating income for the year was: A. B. C. D. E. F. $144,000 $120,000 $80,000 $60,000 $72,000 None of the above
- Chabot Company had the following results last year: net operating income, $2,160; turnover, 5; and return on investment 18%. Chabot Company's average operating assets what?Calculating Average Operating Assets, Margin, Turnover, and Return on Investment East Mullett Manufacturing earned operating income last year as shown in the following income statement: Sales $531,250 Cost of goods sold 280,000 Gross margin $251,250 Selling and administrative expense 180,000 Operating income $71,250 Less: Income taxes (@ 40%) 28,500 Net income $42,750 At the beginning of the year, the value of operating assets was $390,000. At the end of the year, the value of operating assets was $460,000. Required: For East Mullett Manufacturing, calculate the following: 1. Average operating assets 2. Margin (round to two decimal places) % 3. Turnover (round to two decimal places) 4. Return on investment (round to one decimal place) %Calculating Average Operating Assets, Margin, Turnover, and Return on Investment East Mullett Manufacturing earned operating income last year as shown in the following income statement: Sales $531,250 Cost of goods sold 280,000 Gross margin $251,250 Selling and administrative expense 195,300 Operating income $55,950 Less: Income taxes (@ 40%) 22,380 Net income $33,570 At the beginning of the year, the value of operating assets was $390,000. At the end of the year, the value of operating assets was $460,000. Required: For East Mullett Manufacturing, calculate the following: 1. Average operating assets $fill in the blank 1 2. Margin (round to two decimal places) fill in the blank 2 % 3. Turnover (round to two decimal places) fill in the blank 3 4. Return on investment (round to one decimal place) fill in the blank 4 %
- Chavin Company had the following results during August: net operating income, $300,000; turnover, 4; and ROI 18%. Chavin Company's average operating assets were: Multiple Choice O $1,666,667 $1,200,000 $54,000 $75,000Calculating Average Operating Assets, Margin, Turnover, and Return on Investment East Mullett Manufacturing earned operating income last year as shown in the following income statement: Sales $3,750,000 Cost of goods sold 2,250,000 Gross margin $1,500,000 Selling and administrative expense 1,200,000 Operating income $ 300,000 Less: Income taxes (@ 40%) 120,000 Net income $ 180,000 At the beginning of the year, the value of operating assets was $1,600,000. At the end of the year, the value of operating assets was $1,400,000. Round your answers to two decimal places, when rounding is required. Required: For East Mullett Manufacturing, calculate: 1. Average operating assets $fill in the blank 1 2. Margin fill in the blank 2 % 3. Turnover fill in the blank 3 4. Return on investment fill in the blank 4 %Calculating Average Operating Assets, Margin, Turnover, and Return on Investment East Mullett Manufacturing earned operating income last year as shown in the following income statement: Sales $3,750,000 Cost of goods sold 2,250,000 Gross margin $1,500,000 Selling and administrative expense 1,200,000 Operating income $ 300,000 Less: Income taxes (@ 40%) 120,000 Net income $ 180,000 At the beginning of the year, the value of operating assets was $1,600,000. At the end of the year, the value of operating assets was $1,400,000. Round your answers to two decimal places, when rounding is required. What is the average operating assets