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grayhyena463Lv1
28 Sep 2019
E15-12 Investment center analysis; ROIand residual income [LO 9]
MilanoCorporation has three operating divisions and requires a 12% returnon all investments. Selected information is presented here:
Required: Calculate themissing amounts for each division. (Leave no cells blank, be certain enter '0'wherever required. Omit the "$" & "%" signs in yourresponse.)
Division A Division B Division C Revenues $ 500,000 Operating income $ 60,000 $ 80,000 Operating assets $ 250,000 $ 600,000 Margin % 12 % % Turnover turns 1 turn 2 turns ROI % % % Residual income $ $ 20,000
E15-12 Investment center analysis; ROIand residual income [LO 9]
| MilanoCorporation has three operating divisions and requires a 12% returnon all investments. Selected information is presented here: |
| Required: |
| Calculate themissing amounts for each division. (Leave no cells blank, be certain enter '0'wherever required. Omit the "$" & "%" signs in yourresponse.) |
| Division A | Division B | Division C | |||||||
| Revenues | $ | 500,000 | |||||||
| Operating income | $ | 60,000 | $ | 80,000 | |||||
| Operating assets | $ | 250,000 | $ | 600,000 | |||||
| Margin | % | 12 | % | % | |||||
| Turnover | turns | 1 | turn | 2 | turns | ||||
| ROI | % | % | % | ||||||
| Residual income | $ | $ | 20,000 | ||||||
Casey DurganLv2
28 Sep 2019