Please show me the formulas and calculations used to find current year operating income, operating %, return
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Question:
Please show me the formulas and calculations used to find current year operating income, operating %, return on investment (ROI), and residual income. And, provide calculations used to find prior year operating income, operating %, return on investment (ROI), and residual income.
FORKLIFT MATERIAL HANDLING |
Income Statement Corporation |
Current Year Prior Year |
(amounts in thousands) |
Sales $33,750 $24,750 |
Cost of Goods Sold 21,938 16, 830 |
Gross Profit $11,812 $ 7,920 |
Wages $ 8,775 $ 6,188 |
Utilities 675 250 |
Repairs 169 325 |
Selling 506 200 |
Total Expenses $10,125 $ 6,963 |
Operating Income ? ? |
Operating Income % ? ? |
Total Assets (investment base) $ 4,500 $ 1,500 |
Return on Investment ? ? |
Residual Income (8% cost of capital) ? ? |
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