What is the margin that allargando company needed

Assignment Help Accounting Basics
Reference no: EM131115641

For the past year, Allargando Company recorded sales of $409,500 and average operating assets of $273,000. What is the margin that Allargando Company needed to earn in order to achieve an ROI of 10.5%?

Reference no: EM131115641

Questions Cloud

Prepare all the entries that would be made relative to sales : Premium Entries Moleski Company includes 1 coupon in each box of soap powder that it packs, and 10 coupons are redeemable for a premium (a kitchen utensil).
What is impact of losses in process in inspection-final test : CBF hired you to help determine why it is not able to produce the 1,000 boards per day. What type of process flow structure is CBF using? Diagram the process in a manner similar to Exhibit 7.7. Analyze the capacity of the process. What is the impact ..
Percentile for a sample : In a recent year, Delaware had the highest per capita annual income with $51,803 (µ = 51,803) . If σ = $4850, find the mean that falls at the 85th percentile for a sample of 35 residents?
Compare income statement and balance sheet effects : Compare and contrast the income statement and balance sheet effects of these two transactions. How should Cypres Appliance Store structure this transaction to ensure that it qualifies as a sale instead of a collateralized loan?
What is the margin that allargando company needed : For the past year, Allargando Company recorded sales of $409,500 and average operating assets of $273,000. What is the margin that Allargando Company needed to earn in order to achieve an ROI of 10.5%
Solve maxium-profit problem by using decision tree : Solve the following maxium-profit problem by using a decision tree.
Inches and a standard deviation : In a random sample of 70 bolts with a sample mean length of 1.25 inches and a standard deviation of .01 inches.  What is the CI?
Find the component cost of debt preferred stock and equity : Preferred: New preferred could be sold to the public at a price of $100 share, with a dividend of $9. Flotation costs of $5 share would be incurred. Debt: Debt could be at an interest rate of 9%. Common: New common equity will be raised only by retai..
Assume that selzer estimates the total cost of servicing : Prepare 2010 entries for Selzer using the expense warranty approach. Assume that Selzer estimates the total cost of servicing the warranties will be $120,000 for 2 years.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Use the weibull distribution for the following analyses

(a) Make separate Weibull plots of the data from the three tests and compare them visually for equality of the distributions. Are the distributions the same? Does the Weibull distribution fit adequately?

  The norman company has just signed a capital lease

the norman company has just signed a capital lease contract for equipment that requires annual lease payments of 5000

  Inventories the costs of feature films and television

inventories. the costs of feature films and television programs including production advances to independent producers

  Comment on the companys liquidity and financial flexibility

Comment on the company's liquidity and financial flexibility, given this information.

  Prepare the journal entry to record miltone companys

1. prepare the journal entry to record miltone companys issuance of 50000 shares of 1 par value common stock assuming

  Delmott sells a snowboard xpert that is popular with

delmott sells a snowboard xpert that is popular with snowboard enthusiasts. below is information relating to delmotts

  Factoring accounts receivable-journal entry

On May 1, Battery, Inc. factored $800,000 of accounts receivable with Quick Finance on a without recourse basis. Under the arrangement, Battery was to handle disputes concerning service, and Quick Finance was to make the collections

  Differentiate between fixed and variable overheads which

differentiate between fixed and variable overheads which one of them is controllable and what is the effect of

  Angel corporation gives three weeks paid vacation to each

angel corporation gives three weeks paid vacation to each employee who has worked at the company for one year. based on

  Is externally reported financial information always precise

Is externally reported financial information always precise and accurate?

  During january 2012 the following transactions occurred

porter corporations balance sheet at december 31 2011 is presented below.porter corporation balance sheet december 31

  Trading and profit and loss account

Prepare a Trading and Profit and Loss Account and a Balance Sheet in the wake of considering the accompanying conformities

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!

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