Net Revenue and Operating Profit Net Revenue Operating Profit 2021 2020 2019 2021 2020 2019 Home...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Net Revenue and Operating Profit Net Revenue Operating Profit 2021 2020 2019 2021 2020 2019 Home furnishings. $ 11,250 $ 10,150 $ 9,750 $ 3,150 $ 2,875 $ 2,325 Office furniture 8,750 7,850 7,650 1,575 1,395 1,335 Store displays 12,500 11,300 10,800 1,500 1,356 1,296 Health-care furnishings 1,600 1,480 1,370 560 535 515 Total division. 34,100 30,780 29,570 6,785 6,161 5,471 Corporate (330) (290) (260) $ 34,100 $ 30,780 $ 29,570 $ 6,455 $ 5,871 $ 5,211 Total Total Assets & Other Information Total Assets Capital Spending 2021 2020 2019 2021 2020 2019 Home furnishings $ 7,500 $ 6,350 $ 5,950 $ 475 $ 485 $ 445 Office furniture 7,000 6.450 6,350 470 300 255 Store displays 15,625 14,425 14,025 840 685 545 Health-care furnishings 1,000 800 750 32 32 37 Total division.. 31,125 28,025 27,075 1,817 1,502 1,282 Corporate 1,780 5,340 3,540 180 185 65 $ 32,905 $ 33,365 $ 30,615 $ 1,997 $ 1,687 $ 1,347 Total Corporate assets consist of cash, short-term investments, and property, plant, and equipment. The corporate property, plant, and equipment includes the headquarters building, equipment within, and the surrounding property. Requirements 1. What are Spruce Inc.'s four business divisions? Fill in the table listing each division, its net revenues, operating profit, and total assets. 2. Use the data you collected in Requirement 1 to calculate each division's profit margin. Interpret your results. 3. Use the data you collected in Requirement 1 to calculate each division's asset turnover. Interpret your results. 4. Use the data you collected in Requirement 1 to calculate each division's ROI. Interpret your results. 5. Can you calculate RI and/or EVA using the data presented? Why or why not? Requirement 1. What are Spruce Inc.'s four business divisions? Fill in the table listing each division, its net revenues operating profit, and total assets for 2021 Net Revenue Operating Profit Total Assets Net Revenue and Operating Profit Net Revenue Operating Profit 2021 2020 2019 2021 2020 2019 Home furnishings. $ 11,250 $ 10,150 $ 9,750 $ 3,150 $ 2,875 $ 2,325 Office furniture 8,750 7,850 7,650 1,575 1,395 1,335 Store displays 12,500 11,300 10,800 1,500 1,356 1,296 Health-care furnishings 1,600 1,480 1,370 560 535 515 Total division. 34,100 30,780 29,570 6,785 6,161 5,471 Corporate (330) (290) (260) $ 34,100 $ 30,780 $ 29,570 $ 6,455 $ 5,871 $ 5,211 Total Total Assets & Other Information Total Assets Capital Spending 2021 2020 2019 2021 2020 2019 Home furnishings $ 7,500 $ 6,350 $ 5,950 $ 475 $ 485 $ 445 Office furniture 7,000 6.450 6,350 470 300 255 Store displays 15,625 14,425 14,025 840 685 545 Health-care furnishings 1,000 800 750 32 32 37 Total division.. 31,125 28,025 27,075 1,817 1,502 1,282 Corporate 1,780 5,340 3,540 180 185 65 $ 32,905 $ 33,365 $ 30,615 $ 1,997 $ 1,687 $ 1,347 Total Corporate assets consist of cash, short-term investments, and property, plant, and equipment. The corporate property, plant, and equipment includes the headquarters building, equipment within, and the surrounding property. Requirements 1. What are Spruce Inc.'s four business divisions? Fill in the table listing each division, its net revenues, operating profit, and total assets. 2. Use the data you collected in Requirement 1 to calculate each division's profit margin. Interpret your results. 3. Use the data you collected in Requirement 1 to calculate each division's asset turnover. Interpret your results. 4. Use the data you collected in Requirement 1 to calculate each division's ROI. Interpret your results. 5. Can you calculate RI and/or EVA using the data presented? Why or why not? Requirement 1. What are Spruce Inc.'s four business divisions? Fill in the table listing each division, its net revenues operating profit, and total assets for 2021 Net Revenue Operating Profit Total Assets
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
A sales invoice included the following information: merchandise price, $12,000; terms 1/10, n/eom, FOB shipping point with prepaid freight of $900 added to the invoice. Assuming that a credit for...
-
Coolfroth Brewing Company distributes its products in an aluminum keg. Customers are charged a deposit of $50 per keg; deposits are recorded in the Keg Deposits account. Required: a. Where on the...
-
A problem with a telephone line that prevents a customer from receiving or making calls is upsetting to both the customer and the telephone company. The file Phone contains samples of 20 problems...
-
Organizations' increasing use of the Internet has had least impact on: a. The overall structure of the approach used to conduct an information systems audit b. Exposures associated with the quality...
-
1. How should Bobbi approach Paul about the situation? 2. What do you think Pauls reaction(s) will be? 3. Do you agree with the companys policy of promoting only college graduates to the maintenance...
-
Note: Where discount factors are required, use only the present value tables (Appendix 1 and 2) that appear after QUESTION 5. REQUIRED Study the information provided below and calculate the...
-
The beginning capital balance shown on a statement of owner\\\'s equity is $54,000. Net income for the period is $16,000 and the owner withdrew $20,000 cash from the business and made no additional...
-
Your goal is to minimize the total cost reported in cell A86. Recall that the spreadsheet reflects inventory carrying costs (which increase as we try to level the workload through forward...
-
An investor purchased a non-dividend-paying stock which has coutinously compounded expected annual return 12% and volatitliy 35%. (a) What is the probability that the investor earns money in 3...
-
Max's Treats produces high-quality dog food distributed only through veterinary offices. To ensure that the food is of the highest quality and has taste appeal, Max has a rigorous inspection process....
-
a) Calculate the firm's cost of capital for both internal and external common equity financing, assuming 35% tax rate. (22 marks) b) Provide the best estimate of the firm's earnings per share. (3...
-
You enter into a short position in one gold futures contract worth $500 per ounce. Contract size is 100 ounces. The initial margin is $2,500 per contract and the maintenance margin is $1,500 per...
-
A service is rented rather than owned. Explain what this statement means, and use examples to support your explanation.
-
Find a least expensive route, in monthly lease charges, between the pairs of computer centers in Exercise 11 using the lease charges given in Figure 2. a) Boston and Los Angeles b) New York and San...
-
Objectives of financial reporting to external investors and creditors include preparing information about all of the following except: a. Information used to determine which products to produce. b....
-
What is a code of ethics, and how do such codes add to the integrity of accounting information?
-
What is meant by the auditors near-privity relationship? How does this differ from the privity relationship with a client with respect to establishing an auditors legal liability to a client?
Study smarter with the SolutionInn App