Houghton Chemicals, which started operations one year ago, has two divisions: Alloys and Petro. Both divisions invest heavily in R&D, which is assumed to generate benefits for five years. R&D spending is made uniformly throughout the year. Houghton Chemicals has a cost of capital of 11 percent. Selected financial information for the two divisions (in thousands of dollars) for the year just completed follows: Sales revenue Divisional income Divisional investment Current liabilities R&D Alloys $ 9,100 Petro $ 7,200 947 1,115 7,250 330 8,700 370 370 470 Required: Evaluate the performance of the two divisions assuming Houghton uses return on investment (ROI). Note: Enter your answers as a percentage rounded to 2 decimal places (i.e., 32.13). ROI of Alloys division ROI of Petro division Which division performed better? % %
Q: 1 16 points eBook QS 17-13 (Algo) Computing activity rate and allocating cost LO P3 Chen Company…
A: Let's examine each stage in greater detail: a. Calculating the hazardous waste disposal activity…
Q: Required information [The following information applies to the questions displayed below] Carlberg…
A: it seems like the image you have provided is blurry please provide the clear image so that i can…
Q: ng Computational Homewor Lease or Sell Toccoa Company owns equipment with a cost of $1,200,000 and…
A: The objective of this question is to conduct a differential analysis to determine whether Toccoa…
Q: This year Robert had the following income and losses from four passive activities: Activity 1…
A: a. Calculate Total Income or Loss from the Four Activities:To find the total income or loss, sum up…
Q: Puget Sound Divers is a company that provides diving services such as underwater ship repairs to…
A: Step 1: Show formula version of the solution sheet for a better understanding of the calculations:…
Q: Give answer as per required
A: Step 1: Understanding of budget:- Management prepares budget in order to estimate future variables…
Q: United Resources Company obtained a charter from the state in January of this year. The charter…
A: United Resources Company's stockholders' equity section of the balance sheet reflects the financial…
Q: Vishnu
A: Shadees Budgeted Direct Labor Cost for the month of: Labor Rate per hour is $14.Beg Balance for…
Q: Please do not give solution in image format thanku
A: Step 1 SmallMediumLargeADemand620.00 1,100.00…
Q: You just graduated and started your new job. Your starting salary is $60,000/year. Your employer's…
A: 1. **401(k) Future Esteem Calculation**:We utilized long-standing time esteem equation for an…
Q: Manji
A: 1. Depletion and Depreciation for 2024 and 2025:The depletion base includes the cost of the mineral…
Q: importance of budgeting business marketing expenses and any ethical problems
A: Detailed explanation:Importance of Budgeting Marketing Expenses1. Financial Control:Budgeting helps…
Q: Pushem Down clearing contractors purchases a dozer with a delivered price of $275,000. The company…
A: 1. Calculating Annual Operating CostsThese costs are associated with property taxes, insurance, and…
Q: Assume the following general ledger account balances for Xenon Inc. for December 31, 2019…
A: The objective of the question is to calculate the carrying amount of the company’s plant and…
Q: Question 3: Machinery with an 8-year useful life was purchased on January 1, 20X1, for $407,000. If…
A: The SYD formula is Life (Life + 1) / 2= (8 (8 + 1)) / 2= (8 x 9) / 2= 72 / 2= 36 We multiply the…
Q: Differential Analysis for a Discontinued Product A condensed income statement by product line for…
A: Variable COGS: 10,000,000 x 75% = 7,500,00Variable Operating Expenses: 3,500,000 x 90% =…
Q: Revenue for a direct financing lease is calculated as ________. Group of answer choices None of the…
A: In a direct financing lease, the lessor provides financing to the lessee for the acquisition of an…
Q: Entity A, a VAT-registered business, had total sales of ₱3,000,000 and total purchases of ₱1,200,000…
A: In solving the VAT-related queries for Entity A, we first calculated the Output VAT from total sales…
Q: Alpesh
A:
Q: Bilboa Freightlines, S.A., of Panama, has a small truck that it uses for intracity deliveries. The…
A: Let's examine the methodology in greater depth to determine the net present value (NPV) of each…
Q: eBook 目 Problem Walk-Through A 9% semiannual coupon bond matures in 6 years. The bond has a face…
A: The objective of this question is to calculate the price and Yield to Maturity (YTM) of a semiannual…
Q: None
A: Steps:- Journal Entry for Sale of Receivables1. Transfer of Receivables: Skysong Company decides to…
Q: Employees rarely arrive and leave exactly on the quarter hour so it would make sense to round…
A: The statement is generally true. In many workplaces, it is common practice to round employee arrival…
Q: Alpesh
A: In the process of Chapter 7 bankruptcy, a company like Shi Company is in a state of financial…
Q: Question 26 of 40 View Policies Show Attempt History Current Attempt in Progress Your answer is…
A: Certainly! Let's break down the calculation of the present value of the cash flow stream offered by…
Q: a Determine the property tax payable for Mr Choi for the years of assessment 2019/20 and 2020/21.…
A: Income tax: The income tax refers to the amount that is paid by the taxpayer to the tax authority of…
Q: provide full solution
A: Part 2: Explanation:Step 1: Calculate Cash Balance per Books- Begin with the balance from the…
Q: The annual report for Malibu Beachwear reported the following transactions affecting stockholders'…
A: Notes:Replace bracketed information with the actual beginning balances provided.The treasury stock…
Q: Jacob Long, the controller of Arvada Corporation, is trying to prepare a sales budget for the coming…
A: Jacob Long, the controller of Arvada Corporation, is trying to prepare a sales budget for the coming…
Q: Show in excel format
A: Correcting Divisional Income Statements for Wild Sun Airlines The provided information allows us to…
Q: On January 1, 20X1, Washable Rug Company purchased a piece of equipment by signing a note with a…
A: Step 1:Given:Note payable = $300,000Note term = 5 yearsCoupon rate = 3.00%Market rate = 10.379%The…
Q: PSC 3-6 Calculate Federal Income Tax Withholding Using the Wage-Bracket Method (2020 or Later Form…
A: Here's how to calculate the federal income tax withholding for each employee using the wage-bracket…
Q: 2- Jonny Tang has just finished his Photography Certificate course at the National Youth Training…
A: The objective of the question is to understand the impact of each transaction on the accounting…
Q: CORIS RA is a government owned enterprise which is legislated to generate its own income which it…
A: The cash flow statement is prepared at the end of the period to know the cash position. It reflects…
Q: Reported $ Forecast Horizon Period Terminal millions 2018 2019 2020 2021 2022 Period Sales $100,629…
A: Step 1:a.Estimate the value of share of Home Depot's common stock using the discounted cash flow…
Q: An analysis of the liquidity and efficiency ratios for XYZ Trading shows the following results.…
A: 1: Johnson, B. K. (2022). The Development and Control of Soft Robotic Materials Driven by…
Q: Greener Garden Group produces and sells 21,200 litres of organic lawn and garden fertilizer. The…
A: The objective of the question is to determine the financial impact of shutting down the plant for…
Q: The Bandor Group sold one of its plant assets on June 1 of the current year for $70,000. The asset…
A: The objective of the question is to prepare the journal entries required to record the depreciation…
Q: Sheila has been investing for several years and has done well. She is thinking that it is time to…
A: Step 1:a) Calculate the capital gain and the taxable capital gain. 1: Calculate the average cost of…
Q: Alvin Electronics is in the process of reconciling its bank account for the month of November. The…
A: The objective of the question is to find the corrected cash balance at the end of November for Alvin…
Q: Need help with the last part
A: In the given scenario, Jacob's company operates under a standard costing system, which involves…
Q: Which of the following statements about Newton's first law of motion is correct? a) An object will…
A: Newton's first law of motion states that : an object at rest will remain at rest and an object in…
Q: Hardev l gadubhai
A: Step 1: Understanding of gain/(loss) on sale of asset :- When entity sold asset more than a book…
Q: answer in proper format or skip answer with introduction , concept explanation , computation , for…
A: Required 1Determine the initial valuation of each asset Samtech acquired in these…
Q: am.303.
A: The objective of the question is to calculate the estimated cost of goods sold (COGS) using the…
Q: None
A: Opening Balances: The prompt mentions assuming opening balances for common stock, additional paid-in…
Q: Year Net Cash Flow Discount Factor Present Value (using the factor) Present Value (using Excel…
A: When dealing with cash flows that are subject to inflation, it is important to adjust the cash flow…
Q: In response to intensive foreign competition, the management of Florex Company has attempted over…
A: Step 1:Solution: LAST YEARTHIS YEARParticularsAmount in 000's% of salesAmount in 000's% of…
Q: The master budget at Monroe Manufacturing last period called for sales of 43,500 units at $57 each.…
A: The objective of this question is to prepare a profit variance analysis for Monroe Manufacturing.…
Q: eBook Show Me How Print Item Equivalent Units of Materials Cost The Rolling Department of Jabari…
A: Equivalent units of production are a concept used to calculate how much money partially completed…
Step by step
Solved in 2 steps
- d Houghton Chemicals, which started operations one year ago, has two divisions: Alloys and Petro. Both divisions invest heavily in R&D, which is assumed to generate benefits for five years. R&D spending is made uniformly throughout the year. Houghton Chemicals has a cost of capital of 11 percent. Selected financial information for the two divisions (in thousands of dollars) for the year just completed follows: Sales revenue Divisional income Divisional investment Current liabilities R&D Alloys $ 8,200 857 380 280 LE Petro $ 6,300 1,025 7,800 280 6,350 240 Required: Evaluate the performance of the two divisions assuming Houghton Chemicals uses economic value added (EVA). Note: Enter your answers in thousands of dollars rounded to 1 decimal place. EVA of Alloys division $ 154.1 x EVA of Petro division $ 189.0 x Which division performed better? The Petro division performed betterBack Mountain Industries (BMI) has two divisions: East and West. BMI has a cost of capital of 10 percent. Selected financial information (in thousands of dollars) for the first year of business follows: Sales revenue Income Investment (beginning of year) Current liabilities (beginning of year) R&D expendituresa Divisions aR&D is assumed to benefit two periods. All R&D is spent at the beginning of the year. Required: a-1. Evaluate the performance of the two divisions assuming BMI uses return on investment (ROI). (Round your final answers to nearest whole percentage value.) East West ROI O East O West % % a-2. Which division had the better performance? East $2,100 750 3,100 310 1,050 acerHoughton Chemicals, which started operations one year ago, has two divisions: Alloys and Petro. Both divisions invest heavily in R&D, which is assumed to generate benefits for five years. R&D spending is made uniformly throughout the year. Houghton Chemicals has a cost of capital of 11 percent. Selected financial information for the two divisions (in thousands of dollars) for the year just completed follows: Sales revenue Divisional income Divisional investment Current liabilities R&D Alloys $ 7,400 777 5,550 160 200 Residual Income of Alloys division Residual Income of Petro division Which division performed better? Petro $ 5,500 945 7,000 200 300 Required: Evaluate the performance of the two divisions assuming Houghton Chemicals uses residual income. Note: Enter your answers in thousands of dollars rounded to 1 decimal place. X Answer is not complete. The Petro division performed better
- Houghton Chemicals, which started operations one year ago, has two divisions: Alloys and Petro. Both divisions invest heavily in R&D, which is assumed to generate benefits for five years. R&D spending is made uniformly throughout the year. Houghton Chemicals has a cost of capital of 11 percent. Selected financial information for the two divisions (in thousands of dollars) for the year just completed follows: Sales revenue Divisional income. Divisional investment Current liabilities R&D Alloys $ 7,400 777 5,550 160 200 EVA of Alloys division EVA of Petro division Which division performed better? Petro $ 5,500 945 7,000 200 300 Required: Evaluate the performance of the two divisions assuming Houghton Chemicals uses economic value added (EVA). Note: Enter your answers in thousands of dollars rounded to 1 decimal place. The Petro division performed betterLasky Manufacturing has two divisions: Carolinas and Northeast. Lasky has a cost of capital of 7.5 percent. Selected financial information (in thousands of dollars) for the first year of business follows: Sales revenue Income Divisional assets (beginning of year) Current liabilities (beginning of year) R&D expendituresa aR&D is assumed to benefit two periods. All R&D is spent at the beginning of the year. Required: a-1. Evaluate the performance of the two divisions assuming Lasky Manufacturing uses economic value added (EVA). a-2. Which division had the better performance? Complete this question by entering your answers in the tabs below. Req A1 Divisions Req A2 Carolinas Northeast Carolinas $ 1,100 190 1,000 190 550 Evaluate the performance of the two divisions assuming Lasky Manufacturing uses economic value added (EVA). Note: Note: Enter answers in thousands of dollars. Round your answers to 1 decimal place. EVALasky Manufacturing has two divisions: Carolinas and Northeast. Lasky has a cost of capital of 7.5 percent. Selected financial information (in thousands of dollars) for the first year of business follows: Sales revenue Income Divisional assets (beginning of year) Current liabilities (beginning of year) R&D expendituresa aR&D is assumed to benefit two periods. All R&D is spent at the beginning of the year. Required: a-1. Evaluate the performance of the two divisions assuming Lasky uses return on investment (ROI). a-2. Which division had the better performance? Complete this question by entering your answers in the tabs below. Req A1 Divisions Carolinas $2,400 160 1,000 320 1,200 Req A2 Carolinas Northeast Evaluate the performance of the two divisions assuming Lasky uses return on investment (ROI). Note: Enter your answers as a percentage rounded to 1 decimal place (i.e., 32.1). Northeast $ 7,200 372 1,500 320 1,120 ROI % %
- Lasky Manufacturing has two divisions: Carolinas and Northeast. Lasky has a cost of capital of 7.5 percent. Selected financial information (in thousands of dollars) for the first year of business follows: Sales revenue Income Divisional assets (beginning of year) Current liabilities (beginning of year) R&D expendituresa aR&D is assumed to benefit two periods. All R&D is spent at the beginning of the year. Required: a-1. Evaluate the performance of the two divisions assuming Lasky uses return on investment (ROI). a-2. Which division had the better performance? Req A1 Complete this question by entering your answers in the tabs below. Divisions Carolinas $ 2,100 170 1,000 290 1,050 Req A2 Carolinas Northeast Northeast $ 6,600 372 1,500 290 970 Evaluate the performance of the two divisions assuming Lasky uses return on investment (ROI). Note: Enter your answers as a percentage rounded to 1 decimal place (i.e., 32.1). ROI % %Coolbrook company has the following information available for the past year:(Chart in photo below) Required:1. calculate return on Investment (ROI) and residual income for each divison for the last year2. Recalculate ROI and residual income for the division for each independent situration that follows:a.) operating income increases by 9 percentb.) operating Income decreases by 9 percentc.) The company invests 255,000 in each division, an amount that generates 106,000 additional income per division.d.) Coolbrook changes its hurdle rate to 5.26 percentLasky Manufacturing has two divisions: Carolinas and Northeast. Lasky has a cost of capital of 7.5 percent. Selected financial information (in thousands of dollars) for the first year of business follows: Sales revenue Income Divisional assets (beginning of year) Current liabilities (beginning of year) R&D expenditures a Carolinas $ 1,500 190 1,000 230 750 Northeast $ 5,400 372 1,500 230 670 aR&D is assumed to benefit two periods. All R&D is spent at the beginning of the year. Required: a-1. Evaluate the performance of the two divisions assuming Lasky uses return on investment (ROI). a-2. Which division had the better performance? Complete this question by entering your answers in the tabs below. Req A1 Req A2 Evaluate the performance of the two divisions assuming Lasky uses return on investment (ROI). Note: Enter your answers as a percentage rounded to 1 decimal place (i.e., 32.1). Divisions Carolinas Northeast ROI % %
- Lasky Manufacturing has two divisions: Carolinas and Northeast. Lasky has a cost of capital of 7.5 percent. Selected financial information (in thousands of dollars) for the first year of business follows: Sales revenue Income Divisional assets (beginning of year) Current liabilities (beginning of year) R&D expenditures Carolinas $ 800 160 Northeast $ 4,000 312 1,000 1,500 160 160 400 320 R&D is assumed to benefit two periods. All R&D is spent at the beginning of the year. Required: a-1. Evaluate the performance of the two divisions assuming Lasky Manufacturing uses economic value added (EVA). a-2. Which division had the better performance?Lasky Manufacturing has two divisions: Carolinas and Northeast. Lasky has a cost of capital of 7.5 percent. Selected financial information (in thousands of dollars) for the first year of business follows: Sales revenue Income Divisional assets (beginning of year) Current liabilities (beginning of year) R&D expendituresa Carolinas $ 1,500 190 Northeast $ 5,400 1,000 230 372 1,500 230 750 670 aR&D is assumed to benefit two periods. All R&D is spent at the beginning of the year. Required: a-1. Evaluate the performance of the two divisions assuming Lasky uses return on investment (ROI). a-2. Which division had the better performance? Complete this question by entering your answers in the tabs below. Req A1 Req A2 Evaluate the performance of the two divisions assuming Lasky uses return on investment (ROI). Note: Enter your answers as a percentage rounded to 1 decimal place (i.e., 32.1).Lasky Manufacturing has two divisions: Carolinas and Northeast. Lasky has a cost of capital of 7.5 percent. Selected financial information (in thousands of dollars) for the first year of business follows: Sales revenue Income Divisional assets (beginning of year) Current liabilities (beginning of year) RAD expenditures Carolinas $1,600 160 1,000 240 800 Northeast $5,500 Complete this question by entering your answers in the tabs below. 432 1,500 240 720 R&D is assumed to benefit two periods. All R&D is spent at the beginning of the year. Required: a-1. Evaluate the performance of the two divisions assuming Lasky Manufacturing uses economic value added (EVA). a-2. Which division had the better performance?