Question: Vaughn Manufacturing recorded operating data for its Cheap division for the year. Vaughn requires its return to be 10%. Sales $1000000 Controllable margin 90000

Vaughn Manufacturing recorded operating data for its Cheap division for the year.

Vaughn Manufacturing recorded operating data for its Cheap division for the year. Vaughn requires its return to be 10%. Sales $1000000 Controllable margin 90000 Total average assets 4500000 Fixed costs 100000 What is the ROI for the year? 2% O 14% O 22% 3%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Multiple Choice Question 124 Oriole Companyrecorded operating data for its Cheap division for the year. Oriole requires its return to be 10%. Sales Controllable margin Total average assets Fixed...

3. Assume the following sales data for a company: 2020 2019 2018 If 2018 is the base year, what is the percentage increase in sales from 2018 to 2019? A) 76.900 B) 30% C) 40% D) 71.4% $945,000...

Bramble Corp. recorded operating data for its cheap division for the year. Bramble requires its return to be 10%. Sales Controllable margin Total average assets Fixed costs $1400000 100000 5000000...

Concord Corporationrecorded operating data for its Cheap division for the year. Concord requires its return to be 10%. Sales Controllable margin Total average assets Fixed costs $2100000 60000...

Oriole Corporation recorded operating data for its Waterhole division for the year. Oriole requires its return to be 8.70%. Sales Controllable margin Total average assets Fixed costs Residual income...

Bonita Industries recorded operating data for its Cheap division for the year. Bonita requires its return to be 10%. Sales Controllable margin Total average assets Fixed costs $1000000 192000 3200000...

Vaughn Manufacturing recorded operating data for its shoe division for the year. Sales $1400000 Contribution margin 380000 Controllable fixed costs 180000 Average total operating assets 760000 How...

Current Vaughn Manufacturing recorded operating data for its shoe division for the year. $1700000 400000 180000 Sales Contribution margin Controllable fixed costs Average total operating assets...

Bonita Industries reported operating data for its Sandtrap division for the year. Bonita requires its return to be 9%. Sales Controllable margin Total average assets Fixed costs $1000000 180000...

16. Janes Corporation recorded operating data for its Cheap division for the year. Janes requires its return to be 10%.Sales $ 700,000 Controllable margin 80,000 Total average assets 1,000,000 Fixed...

In hard and soft acid base interactions, hard acids prefer to bind with hard bases, likewise soft acids prefer to bind with soft bases. a) Explain the general concept of hard/soft acid/base...

Vail Resorts, Inc., owns and operates five premier year-round ski resort properties (Vail Mountain, Beaver Creek Resort, Breckenridge Mountain, and Keystone Resort, all located in the Colorado Rocky...

Which of the following claims has automatic perfection and priority over any filed perfection? Multiple choice question. a purchase money security interest a debtor default a financing statement an...

A hula hoop and solid disc of equal radii are rolled, from rest and without slipping, down an incline plane. Which one will reach the bottom of the inclined plane first? Explain.

Although the three measures of central tendency appear to be very simple to calculate, there is always a chance for errors. The most common sources of error are listed next. a. Many students find it...

A population of N 57 scores has a mean of m 5 13. What is the value of SX for this population?

If the mean, median, and mode are all computed for a distribution of scores, which of the following statements cannot be true? a. No one had a score equal to the mean. b. No one had a score equal to...