Presented below is selected financial information for two divisions of Crane Brewing. Supply the missing information for the lettered items. Lager Lite Lager Contribution margin $500,000 $299,200 Controllable margin 199,920 (c) Average operating assets $ (a) $1,200,900 Minimum rate of return $ % (b) 14 % Return on investment Residual income 21 % $104,720 % (d) $204,153
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- Presented below is selected financial information for two divisions of Samberg Brewing.Supply the missing information for the lettered items. (Round minimum rate of return and ROI to 1 decimal place, e.g. 10.5% and round average operating assets to 0 decimal places e.g. 58,971.) Lager Lite Lager Contribution margin $499,700 $299,500 Controllable margin 199,300 (c) Average operating assets $ (a) $1,200,000 Minimum rate of return % (b) 11 % Return on investment 20 % % (d) Residual income $100,400 $204,400Net Income Planning Selected operating data for Venora Company in four independent situations are shown below. Fill in the blanks for each independent situation. A B C D Sales $410,000 $ 129,000 C. $ 530,000 e. $630,000 Variable expense $ 270,000 a. $57,000 $ 159,000 f. $ 378,000 g. Fixed expense $ 10,000 b. $56,000 $240,000 $270,000 Net income (loss) before tax $130,000 $16,000 $131,000 $(18,000) Units sold 7,000 213,000 x d. Unit contribution margin $20 $9 Contribution margin ratio 0.7 40 × h.Data on three unrelated companies are given in the following table. Comfy Inn Hamton Inn Night Inn Revenue $1,200,000 $3,185,000 Operating income $240,000 $210,000 Total assets $1,000,000 ? Profit margin ? 15% 18% Asset turnover 0.7 27% Return on investment (ROI) 20% 8.0% Target rate of return ? $150,000 Residual income a) Calculate each of the missing values. b) Comment on each company's performance in relation to the others.
- Banderas, Inc. has three investment centers, Red, Brown, and Black. The following data is available for each of these investment centers. BANDERAS, INC. DATA FOR INVESTMENT CENTERS OF COMPANY Red Operating Income $ A $ Brown E $ Sales Revenue B 1,000,000 Black I 1,500,000 Average Investment in Assets 300,000 500,000 J Profit Margin Ratio C 15% 10% Asset Turnover Ratio 4 F K Return on Investment (ROI) 25% G 25% Minimum Required Rate of Return 20% H L Residual Income D 50,000 30,000 REQUIRED: Using the attached answer sheets, compute the missing items A through L for Banderas, Inc. Round all percentages to two decimal places (four decimal places in all), all dollar amounts to the nearest whole dollar, and all other amounts to two decimal places.Emery Wares is a division of a major corporation. The following data are for the latest year of operations: SALES $14,720,000 NOI $ 1,000,960 AVERAGE OPERATING ASSETS $ 4,000,000 MINIMUM RATE OF RETURN 14% What is the return on investment for Emery? Please express as a number without the % emblem i.e. 15 not 15% or 5.2 not 5.2%. Round to 2 decimalsThe following data are taken from the records of Dove Company, a division of Oasis Corporation for the year ended December 31, 2021 Sales 120,000,000.00Less: Variable Cost and Expenses 8,000,000.00Contribution Margin 4,000,000.00Less:: Direct Fixed Cost and Expenses 1,000,000.00Segment Income 3,000,000.00 The company used an average assets of P8,000,000.00 in 2021. The cost of capital is 12% Calculate the following:1. Return on Sales2. Asset Turnover3. ROI4. Residual Income
- Barrera Corporation provides the following financial information: Minimum acceptable operating income $556,600 Average total assets $2,000,000 Operating income $708,000 Return on investment 35.4% Net sales $800,000 Calculate the target rate of return. (Round your answer to two decimal places.) A. 69.58% B. 88.50% C. 27.83% D. 35.40%Following data is given for XYZ company: Sales $114,000 Operating income Total assets $39,900 $71,250 Return on investment for XYZ company is: a. 21.875% b. 56% с. 100% d. 10%Data for Uberto Company are presented in the following table of rates of return on investment and residual incomes: Invested Assets Income from Operations Return on Investment Minimum Return Minimum Acceptable Income from Operations Residual Income $780,000 $187,200 (a) 13% (b) (c) $620,000 (d) (e) (f) $74,400 $24,800 $330,000 (g) 14% (h) $36,300 (i) $250,000 $50,000 (j) 12% (k) (l) Determine the missing values, identified by the letters above. For all amounts, round to the nearest whole number. a. fill in the blank % b. $ fill in the blank c. $ fill in the blank d. $ fill in the blank e. fill in the blank % f. fill in the blank % g. $ fill in the blank h. fill in the blank % i. $ fill in the blank j. fill in the blank % k. $ fill in the blank l. $ fill in the blank
- An investment center of Stuart Corporation shows an operating income of $8,250 on total operating assets of $66,000. Required Compute the return on investment. (Round your answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45).) Return on investment %Determining Missing Items from Computations Data for the North, South, East and West divisions of Free Bird Company are as follows: Sales Income from Operations Invested Assets Return on Investment Profit Margin Investment Turnover North $860,000 (a) (b) 17.5% 7.0% (c) South (d) $51,300 (e) (f) 4.5% 3.8 East $1,020,000 (g) $680,000 15.0% (h) (i) West $1,120,000 $89,600 $560,000 (j) (k) (l) a. Determine the missing items, identifying each by the letters (a) through (l). If required, round percents and investment turnover to one decimal place. a. $ b. $ c. d. $ e. $ f. % g. $ h. % i. j. % k. % l. b. Determine the residual income for each division, assuming that the minimum acceptable rate of return established by management is 12%. Division Residual Income North Division $ South Division $ East Division $ West Division $…Required information [The following information applies to the questions displayed below.] ACME Food Manufacturing reports the following for two of its divisions for a recent year. Cheese ($ millions) Beverage Division Division Invested assets, beginning Invested assets, ending $2,675 2,599 2,687 $4,468 4,406 3,931 Sales Operating income 355 640 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) Profit Margin Choose Numerator: Choose Denominator: Profit Margin %3D Investment Center Profit margin %3D Beverage Cheese %D