The income statement for Huerra Company for last year is provided below: Total Unit Sales Less:...

  
 

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The income statement for Huerra Company for last year is provided below: Total Unit Sales Less: Variable expenses $16,000,000 12,800,000 $320.00 256.00 Contribution margin Less: Fixed expense 64.00 3,200,000 1,600,000 32.00 Net operating income Less: Income taxes @ 30% 1,600,000 480,000 32.00 9.60 Net income $ 1,120,000 $ 22.40 The company had average operating assets of $5,000,000 during the year. d. As a result of a more intense effort by the sales staff, sales are increased by 15%; operating assets remain unchanged. (Round intermediate and final answer to 2 decimal places.) ROI e. Obsolete items of inventory carried on the records at a cost of $200,000 are scrapped and sold for 15% of the book value. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % f. The company uses $200,000 in cash (received on accounts receivable) to repurchase and retire some of its common shares. The net effect of this transaction is a $200,000 change in average operating assets. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % g. The company pays a cash dividend to its shareholders, which results in a $300,000 change in average operating assets. (Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) |% C ROI The income statement for Huerra Company for last year is provided below: Total Unit Sales Less: Variable expenses $16,000,000 12,800,000 $320.00 256.00 Contribution margin Less: Fixed expense 64.00 3,200,000 1,600,000 32.00 Net operating income Less: Income taxes @ 30% 1,600,000 480,000 32.00 9.60 Net income $ 1,120,000 $ 22.40 The company had average operating assets of $5,000,000 during the year. d. As a result of a more intense effort by the sales staff, sales are increased by 15%; operating assets remain unchanged. (Round intermediate and final answer to 2 decimal places.) ROI e. Obsolete items of inventory carried on the records at a cost of $200,000 are scrapped and sold for 15% of the book value. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % f. The company uses $200,000 in cash (received on accounts receivable) to repurchase and retire some of its common shares. The net effect of this transaction is a $200,000 change in average operating assets. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % g. The company pays a cash dividend to its shareholders, which results in a $300,000 change in average operating assets. (Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) |% C ROI The income statement for Huerra Company for last year is provided below: Total Unit Sales Less: Variable expenses $16,000,000 12,800,000 $320.00 256.00 Contribution margin Less: Fixed expense 64.00 3,200,000 1,600,000 32.00 Net operating income Less: Income taxes @ 30% 1,600,000 480,000 32.00 9.60 Net income $ 1,120,000 $ 22.40 The company had average operating assets of $5,000,000 during the year. d. As a result of a more intense effort by the sales staff, sales are increased by 15%; operating assets remain unchanged. (Round intermediate and final answer to 2 decimal places.) ROI e. Obsolete items of inventory carried on the records at a cost of $200,000 are scrapped and sold for 15% of the book value. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % f. The company uses $200,000 in cash (received on accounts receivable) to repurchase and retire some of its common shares. The net effect of this transaction is a $200,000 change in average operating assets. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % g. The company pays a cash dividend to its shareholders, which results in a $300,000 change in average operating assets. (Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) |% C ROI The income statement for Huerra Company for last year is provided below: Total Unit Sales Less: Variable expenses $16,000,000 12,800,000 $320.00 256.00 Contribution margin Less: Fixed expense 64.00 3,200,000 1,600,000 32.00 Net operating income Less: Income taxes @ 30% 1,600,000 480,000 32.00 9.60 Net income $ 1,120,000 $ 22.40 The company had average operating assets of $5,000,000 during the year. d. As a result of a more intense effort by the sales staff, sales are increased by 15%; operating assets remain unchanged. (Round intermediate and final answer to 2 decimal places.) ROI e. Obsolete items of inventory carried on the records at a cost of $200,000 are scrapped and sold for 15% of the book value. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % f. The company uses $200,000 in cash (received on accounts receivable) to repurchase and retire some of its common shares. The net effect of this transaction is a $200,000 change in average operating assets. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % g. The company pays a cash dividend to its shareholders, which results in a $300,000 change in average operating assets. (Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) |% C ROI The income statement for Huerra Company for last year is provided below: Total Unit Sales Less: Variable expenses $16,000,000 12,800,000 $320.00 256.00 Contribution margin Less: Fixed expense 64.00 3,200,000 1,600,000 32.00 Net operating income Less: Income taxes @ 30% 1,600,000 480,000 32.00 9.60 Net income $ 1,120,000 $ 22.40 The company had average operating assets of $5,000,000 during the year. d. As a result of a more intense effort by the sales staff, sales are increased by 15%; operating assets remain unchanged. (Round intermediate and final answer to 2 decimal places.) ROI e. Obsolete items of inventory carried on the records at a cost of $200,000 are scrapped and sold for 15% of the book value. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % f. The company uses $200,000 in cash (received on accounts receivable) to repurchase and retire some of its common shares. The net effect of this transaction is a $200,000 change in average operating assets. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % g. The company pays a cash dividend to its shareholders, which results in a $300,000 change in average operating assets. (Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) |% C ROI The income statement for Huerra Company for last year is provided below: Total Unit Sales Less: Variable expenses $16,000,000 12,800,000 $320.00 256.00 Contribution margin Less: Fixed expense 64.00 3,200,000 1,600,000 32.00 Net operating income Less: Income taxes @ 30% 1,600,000 480,000 32.00 9.60 Net income $ 1,120,000 $ 22.40 The company had average operating assets of $5,000,000 during the year. d. As a result of a more intense effort by the sales staff, sales are increased by 15%; operating assets remain unchanged. (Round intermediate and final answer to 2 decimal places.) ROI e. Obsolete items of inventory carried on the records at a cost of $200,000 are scrapped and sold for 15% of the book value. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % f. The company uses $200,000 in cash (received on accounts receivable) to repurchase and retire some of its common shares. The net effect of this transaction is a $200,000 change in average operating assets. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % g. The company pays a cash dividend to its shareholders, which results in a $300,000 change in average operating assets. (Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) |% C ROI The income statement for Huerra Company for last year is provided below: Total Unit Sales Less: Variable expenses $16,000,000 12,800,000 $320.00 256.00 Contribution margin Less: Fixed expense 64.00 3,200,000 1,600,000 32.00 Net operating income Less: Income taxes @ 30% 1,600,000 480,000 32.00 9.60 Net income $ 1,120,000 $ 22.40 The company had average operating assets of $5,000,000 during the year. d. As a result of a more intense effort by the sales staff, sales are increased by 15%; operating assets remain unchanged. (Round intermediate and final answer to 2 decimal places.) ROI e. Obsolete items of inventory carried on the records at a cost of $200,000 are scrapped and sold for 15% of the book value. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % f. The company uses $200,000 in cash (received on accounts receivable) to repurchase and retire some of its common shares. The net effect of this transaction is a $200,000 change in average operating assets. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % g. The company pays a cash dividend to its shareholders, which results in a $300,000 change in average operating assets. (Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) |% C ROI The income statement for Huerra Company for last year is provided below: Total Unit Sales Less: Variable expenses $16,000,000 12,800,000 $320.00 256.00 Contribution margin Less: Fixed expense 64.00 3,200,000 1,600,000 32.00 Net operating income Less: Income taxes @ 30% 1,600,000 480,000 32.00 9.60 Net income $ 1,120,000 $ 22.40 The company had average operating assets of $5,000,000 during the year. d. As a result of a more intense effort by the sales staff, sales are increased by 15%; operating assets remain unchanged. (Round intermediate and final answer to 2 decimal places.) ROI e. Obsolete items of inventory carried on the records at a cost of $200,000 are scrapped and sold for 15% of the book value. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % f. The company uses $200,000 in cash (received on accounts receivable) to repurchase and retire some of its common shares. The net effect of this transaction is a $200,000 change in average operating assets. (Use full amount of scrap while calculating average operating assets. Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI % g. The company pays a cash dividend to its shareholders, which results in a $300,000 change in average operating assets. (Round intermediate calculation to 2 decimal places. Enter your percentage answer rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) |% C ROI

Answer rating: 100% (QA)

ROI 3200 FCE Answer 2 a Current Average operating asset 500000000 Less Average Inventory 20000000 Re... View the full answer