Question: Stormatrix is a software company that develops games for popular mobile devices. Selected data for two of their most successful apps (Slime Taster 4 and
Stormatrix is a software company that develops games for popular mobile devices. Selected data for two of their most successful apps (Slime Taster 4 and Tilly Tally - The Sequal) are listed below.
|
| Slime Taster 4 | Tilly Tally - The Sequal | Total |
| Sales | $25,000,000 | $43,000,000 | $68,000,000 |
| Operating Income | $1,200,000 | $2,600,000 | $3,800,000 |
| Average Operating Assets | $3,000,000 | $4,500,000 | $7,500,000 |
| Required Rate of Return | 22% | 22% |
|
For both complete the following:
- The Margin 2 marks
- The Turnover 2 marks
- The Return on Investment 2 marks
- The Residual Income 2 marks
Make sure to show ALL work and round your final answers to 2 decimal points correctly.
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