Solved

Provide the Missing Data in the Following Situations

Question 93

Essay

Provide the missing data in the following situations:  Northern  Southern  Eastern  Division Division  Division  Sales $(A)$250,000$(G) Operating assets $( B)$(D)$800,000 Net operating income $400,000$10,000$144,000 Margin 0.08(E)0.12 Turnover (C)(F)1.5 Return on investment 16%10%(H)\begin{array}{llll} &\underline{\text { Northern }} & \underline{\text { Southern }}& \underline{\text { Eastern }} \\& \underline{\text { Division} } & \underline{ \text { Division }} & \underline{\text { Division }}\\\text { Sales } & \$(A) & \$ 250,000 & \$(\mathrm{G}) \\\text { Operating assets } & \$(\mathrm{~B}) & \$(\mathrm{D}) & \$ 800,000 \\\text { Net operating income } & \$ 400,000 & \$ 10,000 & \$ 144,000 \\\text { Margin } & 0.08 & (\mathrm{E}) & 0.12 \\\text { Turnover } & (\mathrm{C}) & (\mathrm{F}) & 1.5 \\\text { Return on investment } & 16 \% & 10 \% & (\mathrm{H})\end{array}

Correct Answer:

verifed

Verified

A. $400,000/A = 0.08 … A = $5,000,000
B....

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions