You are given the following data: Compute the following: 1. Turnover of capital. 2. Return on sales.

Question:

You are given the following data:

Sales Invested capital Net income 120,000,000 60,000,000 6,000,000

Compute the following:
1. Turnover of capital.
2. Return on sales.
3. Return on investment (ROI).

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Introduction To Management Accounting

ISBN: 9780273737551

1st Edition

Authors: Alnoor Bhimani, Charles T. Horngren, Gary L. Sundem, William O. Stratton, Jeff Schatzberg

See More Books

Question Posted: Dec 30, 2023 05:41 AM

See More Questions

Accountants often express ROI as the product of two componentscapital turnover and return on sales. You are considering investing in one of three companies, all in the same industry, and are given...
You are given the following data on two companies, M and N (figures are millions): Required: a. Which company has the higher profit margin? b. Which company has the higher investment turnover? c....
You are given the attached information about Fred pic, comprising summarized P&L accounts, summarized balance sheets and some suggested ratio calculations. You should note that there may be...
On January 1, 2021, Access IT Company exchanged $980,000 for 40 percent of the outstanding voting stock of Net Connect. Especially attractive to Access IT was a research project underway at Net...
You have just been hired as a loan officer at Slippery Rock State Bank. Your supervisor has given you a file containing a request from Lydex Company, a manufacturer of safety helmets. For a...
An analysis of comparative statement of financial position, the current years income statement, and the general ledger accounts of Gagliano Co, uncovered the following items. Assume all items involve...
Describe the responsibilities and the various agencies within the DHHS.
RBC Financial Group provides personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services on a global basis. On March...
How should the total consideration given to acquire control through a share purchase be allocated prior to preparing consolidated financial statements?
The Tokyo division of Kaycee Toy Company manufactures units of the game Shogi and sells them in the Japanese market for 7,200 each. The following data are from the Tokyo divisions 20X8 budget: Kaycee...
Fill in the blanks: Return on sales Capital turnover Rate of return on invested capital A 7% 3 _% Division B 3% 18% C _% 4 20%
A three-digit number is formed by arranging the digits 1, 2, and 5 in a random order. (a) List the sample space. (b) Find the probability of getting a number less than 400. (c) What is the...
Find all possible I/O equations. \(\left\{\begin{array}{l}\ddot{x}_{1}+\dot{x}_{1}+3\left(x_{1}-x_{2} ight)=f_{1}(t) \\ \ddot{x}_{2}-3\left(x_{1}-x_{2} ight)=f_{2}(t)\end{array}, f_{1}(t), f_{2}(t)=...
Find all possible I/O equations. \(\left\{\begin{array}{l}\ddot{\theta}_{1}+\frac{2}{3} \dot{\theta}_{1}+\frac{1}{3}\left(\theta_{1}-\theta_{2} ight)=u(t) \\...
Find all possible I/O equations. \(\left\{\begin{array}{l}\ddot{x}_{1}+\dot{x}_{1}+2\left(x_{1}-x_{2} ight)=0 \\ \ddot{x}_{2}+\dot{x}_{2}-2\left(x_{1}-x_{2} ight)=f(t)^{\prime}\end{array}, f(t)=...
Find all possible I/O equations. \(\left\{\begin{array}{l}\ddot{x}_{1}+\dot{x}_{1}+\frac{1}{3}\left(x_{1}-x_{2} ight)=f_{1}(t) \\ \ddot{x}_{2}-\frac{1}{3}\left(x_{1}-x_{2} ight)=f_{2}(t)\end{array},...
Find all possible I/O equations. \(\left\{\begin{array}{l}\ddot{x}_{1}+2 \dot{x}_{1}+\frac{3}{5}\left(x_{1}-x_{2} ight)=f_{1}(t) \\ 3 \ddot{x}_{2}+\dot{x}_{2}-\frac{3}{5}\left(x_{1}-x_{2}...
McAllister, Inc. employs a normal costing system. The following information pertains to the year just ended. Total manufacturing Costs were $2,500,000. Cost 01 goods manufactured was $2,425,000. ...
Revol Industries manufactures plastic bottles for the food industry. On average, Revol pays $76 per ton for its plastics. Revol's waste-disposal company has increased its waste-disposal charge to $57...
Manifestation, a leading fashion boutique in Singapore, is planning to use the services of a digital marketing solution provider to increase its online sales. It has shortlisted two digital marketing...
On January 24, 2020, Mr. Clark, the newly appointed cost analyst at Best Price, a discount store operating in Sydney, Australia, was asked to predict the receiving cost, an overhead cost associated...
Rice husk, the coating that is left over after milling, is sold as livestock food. This livestock food is accounted for as a by-product. During the 2020 fiscal year, BDK Rice, Inc., paid $800,000...
Please explain the combination formula for this. I do not understand nCk=n/(n-k)k From a group of 17 people, how many ways are there to select 3 people to receive $50 gift certificates?
Find a generating function A(x) that generates the sum of the first n integers, i.e., A(x) = 0 + 1x + 3x^2 + + (0 + 1 + 2 + + n)x^n+ . . . , express it as a rational function and then obtain a...
What is the minimum unit cost? 0 . 6 x 2 - 3 2 4 x + 5 5 4 2 6

You are given the following data: Compute the following: 1. Turnover of capital. 2. Return on sales.

Question:

Sales Invested capital Net income €120,000,000 € 60,000,000 € 6,000,000

Step by Step Answer:

Introduction To Management Accounting

Students also viewed these Business questions