Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Gilde Industries is a division of a major corporation. Last year the division had total sales of $23,867,200, net operating income of $3,078,869, and average operating assets of $8,524,000. The company's minimum required rate of return is 15%.
Required:
a. What is the division's margin? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)
Margin _________%
b. What is the division's turnover? (Round your answer to 2 decimal places.)
Turnover ______
c. What is the division's return on investment (ROI)? (Round your answer to 2 decimal places. Omit the "%" sign in your response
Return on investment _________%
William recognized a $4,500 capital gain on the sale of marketable securities and a $15,000 Section 1231 loss on the sale of business equipment. What is net effect of these gains and losses on William's taxable income?
If the preferred shares remain outstanding, what conditions must exist for them to be excluded entirely from the computation of basic earnings per share?
Copper Inc. accounts for its investment in Ridge Corporation using the fair value method. Copper bought 3,000 shares (5%) of Ridge's outstanding common stock for $28 per share on January 1, 2014. Ridge earned $3 per share for 2014, declared and paid ..
Show the effects of your entries in part (c) on your evaluation of these companies based on the return on assets ratio.
What amount of net income would Spartan Company report on its 2010 income statement and explain why the amount of net income differs from the amount of the ending Retained Earnings balance.
The division would be transferring its product internally to another division that uses the part as input to its product. Explain, as Ms. Almeida, the options available other than market price.
Tube-Magic Company makes a line of specialized plastic tubing items. During each of the next two years, it expects to sell 325,000 units. The beginning finished-goods inventory is 80,000 units. However, the target ending finished-goods inventory for ..
What are the the limits of the terms of trade between these two countries? How would rising cost (rather than constant costs) affect the extent of specialization and trade between these two countries?
On March 1, 2014, Eric Keene and Abigail McKee form a partnership. Keene agrees to invest $21,100 in cash and merchandise inventory valued at $55,900. McKee invests certain business assets at valuations agreed upon, transfers business liabilities, an..
MARYSTEEL INC adjusts the LIFO reserve at the end of its fiscal year. Prepare the February 27, 2009, adjusting entry to make the cost of goods sold adjustment.
findingnbsp the equivalent units for materials and conversion.bell computers ltd. located in liverpool england
Georgia pays a $3,800 premium for high-deductible medical insurance for herself and her family. In addition, she contributes $3,400 to a Health Savings Account. Georgia is self-employed What amount qualifies as an expense deductible for AGI.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd