Price Level

"Columbia Corp.'s required ROI is 10%. Its West Division has revenues of $6,000,000, asset turnover of 1, and ROI of 10%. Calcul

rosijanka [135]

Answer: $600,000

Explanation:

From the question, we are informed that Columbia Corp.'s required return on investment is 10%. Its West Division has revenues of $6,000,000, asset turnover of 1, and ROI of 10%. The the West Division's operating income goes thus:

Revenue= $6,000,000

Asset turnover = 1

It should be noted that assets turnover is calculated as revenue divided by total assets. This will be:

1 = 6,000,000/total asset

Total asset = 6,000,000/1

= 6,000,000

Since return on investment is 10%,

ROI = Operating income/total assets

10% = operating income/6,000,000

0.1 = operating income/6,000,000

Operating income= 6,000,000 × 0.1

Operating Income= $600,000

7 0

3 years ago

Let us assume that ZEN PATH chose to offer meditation seminars as the main source of additional income. They will still try to g

GenaCL600 [577]

Answer:

Explanation:

Base on the scenario been described in the question

At ZEN PATH we are dedicated to preserving and educating about the ideals of Buddhism. Doors are open to all!

6 0

4 years ago

Detailed information which expands upon main areas of your business plan should be included in which portion of the plan?

Nostrana [21]

Appendices are detailed information that expands upon main areas of your business plan that should be included in which portion of the plan.

A business plan is a document that defines in detail an employer's goals and how it plans to gain its goals. A business plan lays out a written roadmap for the firm from advertising and marketing, monetary, and operational standpoints. both startups and hooked-up companies use commercial enterprise plans.

A business plan is a properly written document containing the goals of a business, the methods for reaching the one's dreams, and the timeframe for the success of the desires.

Correct plans are normally notably certain and consist of data on all elements of the business, which include the enterprise, advertising, finance, employees, and numerous running procedures. They may be unique, talk to all company employees, and require commitment from absolutely everyone.

Learn more about a business plan here brainly.com/question/1958071

#SPJ4

6 0

2 years ago

Eisentrout Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system an

SOVA2 [1]

I think it is a I think

3 0

3 years ago

Vino Tinto Inc. sells a variety of wines but specializes in selling premium red wine. If the company enters into an agreement wi

Ne4ueva [31]

If the company enters into an agreement with a winery in Spain to purchase all the red wine the winery produces, this would be a: output contract

<h3><u>Explanation:</u></h3>

An output contract is an arbitration where one party consents to acquire the complete product that the other party accumulates. Thus, the consumer will obtain all the 'output' the trader executes.

Output contracts can be valuable to consumers when there is conjecture about market supply or demand for a distinct good. Output contracts attend the sale of goods, these sorts of contracts are directed by the Uniform Commercial Code. In the fact of output contracts, the U.C.C. claims that both parties to the contract act in real faith.

7 0

3 years ago