As the sales manager of the M.N.O. Company, you are trying to evaluate the performance of two
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As the sales manager of the M.N.O. Company, you are trying to evaluate the performance of two districts. You have decided to look at how each district has managed its assets employed in the selling function. Your task is to determine each district’s ROAM.
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Sales Cost of goods sold Gross margin Variable district expenses: Salaries Commissions Office expenses Travel Total expenses Net profit (loss) District investment in assets: Accounts receivable Inventories Earnings as a percentage of sales Turnover $49,600 8,000 9,600 12,800 District 1 $800,000 624,000 176,000 80,000 96,000 120,000 200,000 0.12 2.5 $31,000 5,000 6,000 8,000 District 2 $500,000 390,000 110,000 50,000 60,000 45,000 80,000 0.12 4.0
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Return on Assets Managed ROAM for MNO Company Return on Assets Managed ROAM is a profit measurement ...View the full answer
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Related Book For
Sales Force Management Leadership Innovation Technology
ISBN: 9781138951723
12th Edition
Authors: Mark W. Johnston, Greg W. Marshall
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