Question: 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

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 100000

What is the ROI for the year?

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!

Q:

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...

Q:

Oriole Corporation recorded operating data for its Waterhole division for the year. Oriole requires its return to be 8.70%. Sales Controllable margin Total average assets Fixed costs Residual income...

Q:

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...

Q:

Concord Corporationrecorded operating data for its Cheap division for the year. Concord requires its return to be 10%. Sales Controllable margin Total average assets Fixed costs $2100000 60000...

Q:

Bonita Industries reported operating data for its Sandtrap division for the year. Bonita requires its return to be 9%. Sales Controllable margin Total average assets Fixed costs $1000000 180000...

Q:

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...

Q:

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...

Q:

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...

Q:

Vaughn Manufacturing recorded operating data for its Cheap division for the year. Vaughn requires its return to be 10%. Sales $1000000 Controllable margin 90000 Total average assets 4500000 Fixed...

Q:

Bramble Corp. reported operating data for its Sandtrap division for the year. Bramble requires its return to be 9%. Sales $2000000 Controllable margin 320000 Total average assets 1600000 Fixed costs...

Q:

what information is essentialy needed fo open bank account in a te customer? an a Or

Q:

Adjusting entry for accrued interest on December 31, Year 1. In computing the accrued interest, use the number of days divided by 360. DateAccountDebitCredit Year 1 Dec. 31 Interest Receivable 3,413...

Q:

Operations and supply chain management is concerned with the design and management of the entire system that has what function? Develops six sigma analysis Delivers a service Produces a product...

Q:

Have applicants sign the employment application. Make sure it contains a statement that the employer can terminate at any time.

Q:

2. Develop a performance appraisal method for the workers and managers in each store. 1. Describe a comprehensive approach to retaining employees. 2. Explain why employee engagement is important, and...

Q:

5. Explain how to install a performance management program.