Far Sight is a division of a major corporation. The following data are for the latest year of operations:
Sales $14,720,000
Net operating income $1,000,960
Average operating assets $4,000,000
The company's minimum required rate of return 14%
Required:
a. What is the division's margin?
b. What is the division's turnover?
c. What is the division's return on investment (ROI) ?
d. What is the division's residual income?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Far Sight is a division of a major corporation. The following data are for the latest year of operations: Sales $14,720,000 Net operating ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The entry to close the appropriate insurance account at the end of the accounting period is to debit: A) Income Summary; credit Prepaid Insurance. B) Prepaid Insurance; credit Income Summary. C) Income Summary; credit Insurance Expense.
Answers (1)
How can economies of scale benefit you as a customer and society as a whole? Can the taxicab industry, in large cities, be subject to significant economies of scale?
Answers (1)
Is it possible in the real world for an entrepreneur to operate a business in which all of the factors of production are always fully employed? Why or why not?
Answers (2)
A certain scientific theory supposes that mistakes in cell division occur according to a poisson process with rate 2.5 per year, and that an individual dies when 196 such mistakes have occurred. assuming this theory, find
Answers (1)
Stock A has a beta of 1.7 and has the same reward-to-risk ratio as stock B. Stock B has a beta of. 8 and an expected return of 12 percent. What is the expected return on stock A if the risk-free rate is 4.5 percent?
Answers (1)
New Questions in Business
When at work i take a bit of time settling in before starting my work tasks each day jump right in to my work as soon as i arrive at my job each day?
Answers (1)
Producer S brokered slightly more than $40,000 in insurance premiums last year. Based on this premium amount, what is the penalty (face) amount of the surety bond S is required to maintain in favor of the people of Illinois?
Answers (1)
Which statement defines am annuity?
Answers (1)
Tidy Limited purchased a new van on January 1, 2018. The van cost $32,000. It has an estimated life of eight years and the estimated residual value is $3,200. Tidy uses the double-declining-balance method to compute depreciation.
Answers (1)
What two cpt codes describe a review of history, external examination, ophthalmoscopy, bio-microscopy for an acute complicated condition (e. g., iritis) not requiring comprehensive ophthalmological services?
Answers (1)