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padilas [110]
3 years ago
11

Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $17,810,000 Net

operating income $765,830 Average operating assets $5,100,000 The division's return on investment (ROI) is closest to: (Round your answer to 2 decimal places.)
Business
1 answer:
JulsSmile [24]3 years ago
6 0

Answer:

The division's return on investment (ROI) is closest to 15.02%

Explanation:

Return on investment (ROI) is calculated by using following formula:

ROI = Net income/Total investment

In Aide Industries is a division of a major corporation, total investment  equal Average operating assets.

The division has Net operating income of $765,830 and  Average operating assets of $5,100,000

ROI = $765,830/$5,100,000 = 15.02%

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Analysis of an income statement, balance sheet, and additional information from the accounting records of Gadgets, Inc., reveals
lys-0071 [83]

Answer and Explanation:

The categorization is shown below:

1 Purchase of a patent = Investing activities  as it represents in a negative sign because it is a cash outflow

2 Depreciation expense Operating activities  as it is added to the net income

3 Decrease in accounts receivable =  Operating activities  as it is added to the change in adjustments column

4 Issuance of a note payable = Financing activities  as it represents in a a positive sign because it is a cash inflow

5 Increase in inventory = Operating activities  as it is deducted from the change in adjustments column

6 Collection of note receivable = Investing activities  as it represents in a positive sign because it is a cash inflow

7 Purchase of equipment  = Investing activities  as it represents in a negative sign because it is a cash outflow

8 Exchange of long term assets = Separate non cash activities note  as it does not involved any cash transactions

9 Decrease in accounts payable = Operating activities  as it is deducted from the change in adjustments column

10 Payments of dividend =  Financing activities  as it represents in a negative sign because it is a cash outflow              

4 0
3 years ago
Carmen is a member of a student taskforce that was asked to recommend solutions to the university's budget problem. when she not
9966 [12]

Answer: democratic leadership

Carmen stated a possible solution that was increasing tuition fee and then Carmen said that it should be considered. This means that she did not impose it that that is the only solution and that has to be done in any way, if she did then it would’ve been autocratic leadership.

Carmen left some room for discussion and this means it is a democratic approach in leadership.  


8 0
3 years ago
Just prior to completing the adjusted trial balance, Paula prepared the __________ section. After she finishes the adjusted tria
iVinArrow [24]

Answer:

Just prior to completing the adjusted trial balance, Paula prepared the <em><u>Adjusting entries </u></em>section. After she finishes the adjusted trial balance, she will complete the <em><u>financial statement </u></em>section of the worksheet.

Explanation:

Starting from the two first column of the unadjusted trial balance The accountant will prepare and complete the adjusting entries section. After that, the combination of the unadjusted TB and the adjusting entries will give the adjusted trial balance.  After that, the account balance is distributed according to the financial statement --> Balance sheet and income statement.

3 0
2 years ago
Stewart Corporation manufactures solar powered calculators. The company can manufacture 1,100,000 calculators a year at a variab
NeX [460]

Answer:

If the special offer is accepted, the net operating income will decrease in $120,000

Explanation:

Giving the following information:

Total variable cost= $2,200,000

Fixed cost= $1,100,000

Based on management’s projections for next year, 950,000 calculators will be sold at the regular price of $15.00 each. A special order has been received for 230,000 calculators to be sold at a 60% discount off the regular price.

Because the company can't provide the 950,000 units and the 230,000 special offer, the offer will cannibalize sales from the 950,00 units.

Special offer sale price= 15*0.4= $6

Unitary variable cost= 2,200,000/1,100,000= $2 per unit

<u>First, we will calculate the net income without the special offer</u>:

Sales= 950,000*15= 14,250,000

Total variable cost= 950,000*2= (1,900,000)

Contribution margin= 12,350,000

Fixed costs= (1,100,000)

Net operating income= 11,250,000

<u>With the special offer:</u>

Sales= (230,000*6) + (870,000*15)= 14,430,000

Total variable cost= (2,200,000)

Contribution margin= 12,230,000

Fixed costs= (1,100,000)

Net operating income= $11,130,000

If the special offer is accepted, the net operating income will decrease in $120,000

7 0
3 years ago
Suppose Mary is in consumer equilibrium. The marginal utility of good A is 30, and the price of good A is $2.. . a. if the price
zimovet [89]
 Using formula: Marginal Utility=Change in Total Utility/Change in Quantity
<span>So, the marginal utility of each good will be 30/$2, or 15/$1.
Multiply this marginal utility by the price of each good/service to obtain the marginal utility per unit of good.</span>
<span>Since marginal utility of good A is given then by using this formula the the marginal utility of good B is 60 , MU of good C is 45 and MU of good D is 15</span>

7 0
3 years ago
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