Question: Bogey Co. recorded operating data for its Cheap division for the year. Bogey requires its return to be 10%. Sales $ 1,400,000 Controllable margin 160,000

Bogey Co. recorded operating data for its Cheap division for the year. Bogey requires its return to be 10%. Sales $ 1,400,000 Controllable margin 160,000 Total average assets 4,000,000 Fixed costs 100,000 What is the ROI for the year?

A) 4% B) 35% C) 6% D) 1.5%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Bogey Co. recorded operating data for its Cheap division for the year. Bogey requires its return to be 10%. Sales $1,400,000 Controllable margin 160,000 Total average assets 4,000,000 Fixed costs...

1. Multiple Chokees (4 points each 1. Ale Corporation had net income of $240,000 and paid dividends to common slockholders of $40,000 in 2020. The weighted avernge number of shares outstanding in...

3. Assume the following sales data for a company: 2020 2019 2018 If 2018 is the base year, what is the percentage increase in sales from 2018 to 2019? A) 76.900 B) 30% C) 40% D) 71.4% $945,000...

Timer Corporation recorded operating data for its Cheap division for the year. Timer requires its return to be 10%. Sales $ 700,000 Controllable margin 80,000 Total average assets 2,000,000 Fixed...

Bramble Corp. recorded operating data for its Cheap division for the year. Bramble requires its return to be 10%. Sales $1400000 Controllable margin 100000 Total average assets 5000000 Fixed costs...

Multiple Choice Question 124 Bramble Corp. recorded operating data for its Cheap division for the year. Bramble requires its return to be 10%. Sales $1400000 Controllable margin 100000 Total average...

Oxnard Industries produces a product that requires 2.6 pounds of materials per unit. The allowance for waste and spoilage per unit is .3 pounds and 1 pounds, respectively. The purchase price is $2...

Which responsibility centers generate both A) Investment and profit centers B) Profit and cost centers C) Cost and investment centers D) Only profit centers Bogey Co, recorded operating data for its...

Bonita Industries recorded operating data for its Cheap division for the year. Bonita requires its return to be 10%. Sales Controllable margin Total average assets Fixed costs $1000000 192000 3200000...

Bramble Corp. recorded operating data for its cheap division for the year. Bramble requires its return to be 10%. Sales Controllable margin Total average assets Fixed costs $1400000 100000 5000000...

Rand Company computed the following activity rates using activity-based costing. Activity Setup Materials handling Activity Rate $ 1,090 per setup $ 40 per materials requisition $ 2 per unit...

To what extent should a user understand computer network to what extent should system administrator?

An investment bank pays $ 2 5 per share for 3 , 0 0 0 , 0 0 0 shares of the ABC company. It then sells these shares to the public for $ 2 5 . 5 0 . How much money does the issuer receive? A . $ 7 5 ,...

While trying to bring about transparency in the appraisal system and processes, is there a risk of violating confidentiality? How should Nitin bring in transparency without violating confidentiality?

Based on a review of literature on appraisal, examine the rationale and legitimacy of different systems of appraisal. Which one would you recommend for Systel?

How autonomous should the target be left after the merger deal?