User Account

All Pages

What is the divisions return on investment

Assignment Help Managerial Accounting
Reference no: EM131621500

Handle Fabrication is a division of a major corporation. Last year the division had total sales of $36,160,000, net operating income of $2,892,800, and average operating assets of $8,000,000. The company's minimum required rate of return is 12%.

Required:
What is the division's return on investment (ROI)?

Reference no: EM131621500

Questions Cloud

What percent of the students earned a grade : What percent of the students in Exercise earned a grade that was below 80?
Argument about the first americans : What is Dr. Imhotep's argument about the First Americans and what evidence does he present to support his argument?
Revolution challenge ideas about politics : How did the industrial revolution challenge ideas about politics, work, gender, the role of government, and social hierarchies?
Explain the training and credentials needed for the role : What experiences or qualifications do you have that would fulfill the requirements for these positions? Explain in 50 to 100 words.
What is the divisions return on investment : What is the division's return on investment (ROI) - Handle Fabrication is a division of a major corporation
What conclusions you can draw about the market research : Elaborate on what conclusions you can draw about the market research and the level of analysis and planning employed by Barb and Pat.
Trace how carthage became almost the equal of rome : Trace how Carthage became almost the equal of Rome. Be sure to show the strength of both and how this conflict led to Rome becoming a naval power.
How did hitler become dictator : How did Hitler become dictator? What social, economic, and political realities existed in Germany that allowed his rise to power to happen?
Find the range for the internal revenue gross collection : Find the range for the Internal Revenue gross collection of estate taxes for a recent 10-year period: $23,627,320,000; $25,289,663,000; $25,532,186,000.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Determine the cost of the equipment that was sold

On January 1, 2013, Sanita Company had a balance of $76,300 in its Office Equipment account. During 2013, Sanita purchased office equipment that cost $30,300.

  Labor costs of an auto repair mechanic are seldom based on

labor costs of an auto repair mechanic are seldom based on actual hours worked. instead the amount paid a mechanic is

  Determine what amount would be reported on balance sheet

Computing the lower of cost or market on an item-by-item basis, determine what amount would be reported on the balance sheet for inventory.

  Calculate the schedule variance for each task

Calculate the schedule variance for each task and the total project and calculate the cost variance for each task and the total project.

  Prepare journal entries needed to reflect the activity

Do the pension worksheet and create the journal entries needed to reflect the above activity.

  Annually with the interest being paid quarterly

Your brother has asked you to help him with choosing an investment. He has $7,100 to invest today for a period of two years. You identify a bank CD that pays an interest rate of 0.0300 annually with the interest being paid quarterly. What will be the..

  Calculate the equivalent units for materials

Calculate the equivalent units for materials for the month in the first processing department.

  Prepare the journal entries for all three years

The White Company uses the completed-contract method of accounting for construction and has the  data relating to a 3-year project

  Calculte the folowingn1 gdp in income approachnbsp and

calculte the folowingn1 gdp in income approachnbsp and expenditure approach2 gnp3 net gnp4 national income5 personal

  Discuss the rationale that underlies managements belief

Columbia's management feels that the time value of money should be considered in all long-term decisions. Briefly discuss the rationale that underlies management's belief.

  Should the company invest in the remodel

Assuming a ±ve-year time horizon, what is the internal rate of return of the remodeling project?Should the company invest in the remodel?

  Johnson swimwear variances-static and flexible budget

The systems consulting department of Johnson Swimwear designs data collecting, encoding, and reporting systems to fit the needs of other departments within the company. An

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd