Vaughn Pharmaceuticals is evaluating its Vioxx division, an investment centre. The division has a $44800 controllable...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Vaughn Pharmaceuticals is evaluating its Vioxx division, an investment centre. The division has a $44800 controllable margin and $295000 of sales. How much will Vaughn's average operating assets be when its return on investment is 14%? Vaughn Pharmaceuticals is evaluating its Vioxx division, an investment centre. The division has a $44800 controllable margin and $295000 of sales. How much will Vaughn's average operating assets be when its return on investment is 14%?
Expert Answer:
Answer rating: 100% (QA)
Okay lets work through this stepbystep 1 We know the division h... View the full answer
Posted Date:
Students also viewed these accounting questions
-
Auditors must exercise considerable professional skepticism and vigilance, staying alert for indications of management bias, intentional or not, in its estimates. For example, it is common to be...
-
Sunland Pharmaceuticals is evaluating its Vioxx division, an investment centre. The division has a $45100 controllable margin and $303000 of sales. Howmuch will Sunland's average operating assets be...
-
Crane Company is evaluating its Piquette division, an investment center. The division has a $ 40000 controllable margin and $ 220000 of sales. How much will Crane s average operating assets be when...
-
Two Amps are connected in series the first amplifier is an inverting amplifier and the second amplifier is a non-inverting amplifier, which of the following resistors produce a gain of -36? Amp1 (Ri...
-
Bob owns 60 of the 100 outstanding shares of Dazzle Corporation stock and 80 of the 100 outstanding shares of Razzle Corporation stock. Bobs basis in his Dazzle shares is $12,000, and his basis in...
-
The following is a sample of 25 measurements: a. Compute , s2, and s for this sample. b. Count the number of measurements in the intervals s, 2s, 3s. Express each count as a percentage of the...
-
Good Governance Value. Does good governance have a value in the marketplace? Do investors really reward good governance, or does good governance just attract a specific segment of investors?
-
Mountain Mines Lubrication Ltd. (MML) supplies lubricant to mining operations in northern British Columbia and the Northwest Territories. MML commenced operations four years ago and is based in...
-
(2) Identify and describe at least three factors that need to be considered when choosing a business's legal structure? (3 points)
-
Are there any practices that you would be advise against a cash conversion cycle?
-
Warren Co. recorded the right of use asset $700,000 in 10 years finance lease. Interest by lessor is 10%. The balance in the right of use assets after 2 years would be:
-
Two 1 kg balls move away from each other, one traveling 5 m/s to the right, the other 10 m/s to the left. What is the magnitude of the total momen- tum of the system? Answer in units of kg m/s.
-
15 Normalized Earnings Using the data in the following data for Magnolia Enterprises Item 2016 2017 2018 2019 EPS $4.20 $3.75 $4.75 $4.30 BVPS $26.02 $27.78 $29.25 $32.29 ROE 14% 12% 16% 14%...
-
A wire of what resistance must be connected in parallel to a wire of 5 ohm resistance, So that the resultant resistance of 4 ohm may be obtained.
-
The town of Suffolk has put a bid for delivery of 1,000 gust proof tents per year for five years. Company M would like to compete for the bid. They estimate the cost of equipment to manufacture the...
-
A company reports the following: Net sales of $18,000 for Year 2, and $17,100 for Year 1; and End-of-year total assets of $18,200 for Year 2, and $16,800 for Year 1. Complete this question by...
-
A sample statistic will not change from sample to sample. Determine whether the statement is true or false. If it is false, rewrite it as a true statement.
-
It is impossible to have a standard management accounting system as it needs to match the needs of an operation. Discuss this statement from the perspective of hospitality, tourism or events...
-
What is the difference between cash and profits?
-
From the perspective of either a hotel manager, events manager, or a tour operator discuss the role strategic managerial accounting can have in aiding management decision making.
Study smarter with the SolutionInn App