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!
Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow (in millions of yen, denoted by =Y):
Division
Osaka Yokohama
Sales
=Y3,000,000
=Y9,000,000
Net operating income
=Y210,000
=Y720,000
Average operating assets
=Y1,000,000
=Y4,000,000
1) For each division, compute the return on investment (ROI) in terms of margin and turnover. Where necessary, carry computations to two decimal places.
2) Assume that the company evaluates performances using residual income and that the minimum required rate of return for any division is 15%. Compute the residual income for each division.
3) Is Yokohama's greater amount of residual income an indication that it is better managed?
Determine whether Dawson Company should drop any game and write a memo to the manager with your recommendation.
From the books of Aggarwal Bors, the following information have been extracted: Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% The firm is proposing to buy a new plant which can generate additio..
The Wall Street Journal reported that recent law school graduates were having a very difficult time obtaining jobs in the legal profession.
Prepare a Statement of Changes in Net Assets for the Employees Retirement Fund for the Year Ended June 30, 2012 and prepare a Statement of Net Assets for the Employees' Retirement Fund as of June 30, 2012.
Describe the reasons a consulting firm might use a normal costing system rather than an actual costing system.
Address other methods of analyzing financial statements aside from ratio analysis and explain your analysis of the firm, and make recommendations for improvement.
Describe how the selected system would work to track the costs of the product - identify the cost driver, and explain the process of tracking the costs and provide examples of products that EEC might offer for which a job-order costing system would b..
Evaluate the cost of the raw materials used in production during the year and what is the total amount of the costs listed above that are not direct costs of the Brentwood Store?
Gabby's Wedding Cakes creates elaborate wedding cakes. Calculate the break-even point for a month in units. How many cakes must be sold to earn a monthly profit of $10,000?
Calculate the total work done in equivalent units and the unit cost for April. Calculate the cost of units completed and transferred. Also, compute the costs in ending work in process.
Discuss the stance and initiatives of the Australian accounting profession on corporate social responsibility (CSR)Include your views on the role of accounting and the accountant on CSR.
Production budget in units and direct material usage budget and direct material purchases budget, direct manufacturing labour cost budget
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