Actual return on investment
The data for KubbyCo's Division A is as follows:
Sales $8,500,000Variable Costs $4,700,000Total Assets $10,000,000Fixed Costs $1,900,000Target ROI 15%Cost of Capital 8%
What is Division A's actual return on investment?
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Wright Company expects cash sales for July of $12,000, and a 20% monthly increase during August and September. Credit sales of $4,000 in July should be followed by 10% decreases during August and September. What are budgeted cash sales and budgete
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Interest revenue of $2,000 was earned during July, but had not been included in the budget. Prepare a performance report for July and explain Neptune's operating income variance.
What is the divisions sales margin, capital turnover and Return on Investment (ROI)?
The data for KubbyCo's Division A is as follows: What is Division A's actual return on investment?
Analyze and explain how you think big banks are (or are not) ripping off pension funds. Support your response with evidence and examples.
A diesel powered tractor with a cost of $215,000 and estimated residual value of $27,000 is expected to have a useful operating life of 80,000 hours. During October, the generator was operated 380 hours. Determine the depreciation for the month.
Prepare the appropriate journal entries for the lessor from the inception of the lease through the end of 2013.
On January 1, 2013, Albatross decided to switch to the straight-line method of depreciation. The salvage value is still zero and the estimated useful life did not change. Ignore income taxes.
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