Question: Use this information for Train Corporation to answer the question that follow. The following financial information was summarized from the accounting records of Train Corporation

Use this information for Train Corporation to answer the question that follow. The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31: Rails Locomotive Corporate Division Division Total The profit margin is the ratio of Cost of goods sold $45,300 $29,600 Oa. income from operations to invested assets Direct operating expenses 27,700 20,600 Sales 92,700 69,900 Ob. sales to invested assets Interest expense $2,400 Oc. income from operations to sales General overhead 19,800 Od. assets to liabilities Income tax 4,300 The gross profit for the Rails Division is Oa. $47,400 Ob. $65,000 Oc. $92,700 Od. $19,700 Blaser Corporation had $1,036,000 in invested assets, sales of $1,277,000, income from operations amounting to $230,000, and a desired minimum return of 13%. The return on investment for Blaser Corporation is Round the percentage to one decimal place Oa. 22.2% Ob. 14.4% Oc. 18.0% Od. 26.6% Assume that Division Blue has achieved a yearly income from operations of $161,000 using $1,115,000 of invested assets. If management has set a minimum acceptable return of 7%, the residual income is Oa. $161,000 Ob. $82,950 Oc. $66,360 Od. $99,540
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