The division's turnover is closest to:
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- Babak Industries is a division of a major corporation. Last year the division had total sales of $20,060,000, net operating income of $1,882,760, and average operating assets of $6,500,000. The division's turnover is 3.09 O 0.29 O 2.31 O 10.65Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales$ 37,880,000Net operating income$ 3,508,960Average operating assets$ 9,400,000The company's minimum required rate of return14% The division's residual income is closest to:Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income Average operating assets The division's turnover is closest to: Multiple Choice O O O 10.75 3.40 0.32 2.58 $ 17,000,000 $ 1,581,000 $ 5,000,000
- Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales Net operating income Average operating assets $ 36,880,000 $ 3,008,960 $ 8,400,000 The company's minimum required rate of return The division's residual income is closest to: Multiple Choice $4,268,960 $(3,227,840) ○ $3,008,960 ○ $1,748,960 $ 15%Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below: $ 17,860,000 $ 1,125,180 $ 4,970,000 Sales Net operating income Average operating assets The division's turnover is closest to:Ceder Products is a division of a major corporation. Last year the division had total sales of $21.520,000, net operating income of $538,000, and average operating assets of $8,000,000. The company's minimum required rate of return is 18%. The division's turnover is closest to: A. 2.52 B. 0.07 C. 40.00 D. 2.69
- Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income Average operating assets The division's margin is closest to: Multiple Choice O O 3.5% 19.7% 16.2% 15.0% $ 18,210,000 $ 637,350 $ 4,250,000Nantor Corporation has two divisions, Southern and Northern. The following information was taken from last year's income statement segmented by division: Total Company Southern Northern Sales $ 5,900,000 $ 3,640,000 $ 2,260,000 Contribution margin $ 2,600,000 $ 1,620,000 $ 980,000 Divisional segment margin $ 1,420,000 $ 1,080,000 $ 340,000 Net operating income last year for Nantor Corporation was $590,000. In last year's income statement segmented by division, what were Nantor's total common fixed expenses?Cabell Products is a division of a major corporation. Last year the division had total sales of $26,720,000, net operating income of $2,624,320, and average operating assets of $7,400,000. The company's minimum required rate of return is 15%. The division's turnover is closest to: Multiple Choice O O O O 10.18 3.61 0.35 2.36
- . The sales, income from operations, and invested assets for each division of Grosbeak Company are as follows: Sales Income from Operations Invested Assets Division E $5,000,000 $550,000 $2,400,000 Division F 4,800,000 860,000 2,500,000 Division G 7,000,000 860,000 2,900,000 (a) Using the expanded expression, determine the profit margin, investment turnover, and rate of return on investment for each division. Round to one decimal place. (b) Which is (are) the most profitable per dollar invested?Cabell Products is a division of a major corporation. Last year the division had total sales of $11,440,000, net operating income of $686.400, and average operating assets of $2,402.400. The company's minimum required rate of return is 13%. The division's residual income is closest to: Multiple Cholce $686.400 $374.088 $(624.624) S998.712 65°F Cloudy to search DELL ITNantor Corporation has two divisions, Southern and Northern. The following information was taken from last year's income statement segmented by division: Total Company Southern Northern Sales $ 5,400,000 $ 3,340,000 $ 2,060,000 Contribution margin $ 2,350,000 $ 1,470,000 $ 880,000 Divisional segment margin $ 1,270,000 $ 980,000 $ 290,000 Net operating income last year for Nantor Corporation was $540,000. In last year's income statement segmented by division, what were Nantor's total common fixed expenses? Multiple Choice $730,000 $1,810,000 $1,080,000 $2,000,000