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Burka [1]
3 years ago
10

A food manufacturer reports the following for two of its divisions for a recent year.

Business
1 answer:
Over [174]3 years ago
6 0

Answer and Explanation:

1. Return on investment is

= Operating Income ÷ Average invested Assets

here, average invested assets is

= (Invested assets, beginning + Invested assets, ending) ÷ 2

For Beverage Division

= $349 ÷ (($2,662 + $2,593) ÷ 2)

= $349 ÷ $2,628

= 13.28%

For Cheese Division

= $634 ÷ (($4,455 + $4,400) ÷ 2)

= $634 ÷ $4,428

= 14.32%

2. Profit margin = (Operating income ÷ sales) × 100

For Beverage Division

= ($349 ÷ $2,681) × 100

= 13.02%

For Cheese Division

= ($634 ÷ $3,925) × 100

= 16.15%

3. Investment turnover = Sales ÷ Average Operating Assets

For Beverage Division

= $2,681 ÷ (($2,662 + $2,593) ÷ 2)

= $2,681 ÷ $2,628

= 1.02 times

For Cheese Division, it would be

= $3,925 ÷ (($4,455 + $4,400) ÷ 2)

= $3,925 ÷ $4,428

= 0.89 times

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Explanation:

Hope I helped you

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What is insurance fronting​
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Answer:

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3 years ago
Assume that a war breaks out abroad, and foreign investors choose to invest more in a large safe country, the United States. The
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War affects investments negatively. As a result, investments are also moved to the US for safety. However, pressure on US producers and eventual shortage due to increased exports, would lead to inflation and increase in prices of goods and services. To mitigate these effects and to reduce the supply of money, government would increase interest rates.

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5 0
3 years ago
On January 2, 2021, Hanson Leasing Company leases equipment to Foley Co. with 5 equal annual payments of $240,000 each, payable
PSYCHO15rus [73]

Answer:

A Journal Entry was Entered for Hanson Leasing Company on January 2, 2021, and Debit to right-of-use asset= 113767

Explanation:

Solution

Given that:

The Journal Entry of Hanson  Leasing Company on January 2, 2012

Equal annual payments =240000

X PV Annuity Due 8%, 5 periods = 4.31213

Present value of Equal annual payments=1034911

Residual value=150000

X PV Single 8%, 5 periods=0.68508

Present value of residual value=102762

Present value of Equal annual payments=1034911

Add: Present value of residual value=102762

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4 0
3 years ago
22.2
vovikov84 [41]

Answer:

government give people social distress grant of 350

also government build school for children

government must find cure to virus

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3 years ago
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