New return on assets for the entire corporation, Accounting Basics

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New return on assets for the entire corporation

The United World Corporation has three subsidiaries.

Computers Magazines CableTV

Sales $16,000,000 $4,000,000 $8,000,000

Net income(after taxes) $1,000,000 $160,000 $600,000

Assets $5,000,000 $2,000,000 $5,000,000

A) Which division has the lowest return on sales?

B) Which division has the highest return on assets?

C) Compute the return on assets for the entirecorporation.

D) If the $5,000,000 investment in the cable TV division issold off and redeployed in the computer division at the same rate of return on assets currently achieved in the computer division,what will be the new return on assets for the entire corporation?

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Accounting Basics: New return on assets for the entire corporation

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Accounting Basics: New return on assets for the entire corporation

Reference No:- TGS0554913

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Recent Questions Asked Accounting Basics

Q : Statement of cash flows under fifo

Q : Write a short memo to describe the analysis of decision

Q : Calculate the overhead rate for each cost driver

Q : What is the value common stock outstanding

Q : New return on assets for the entire corporation

Q : Find break-even point in dollars under alternative action

Q : Managerial acct 2 ulrich framing

Q : What would be the difference in net operating income

Q : Adjustment for overstatement of net income

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: New return on assets for the entire corporation

Reference No:- TGS0554913

Recent Questions Asked Accounting Basics

Q : Statement of cash flows under fifo

Q : Write a short memo to describe the analysis of decision

Q : Calculate the overhead rate for each cost driver

Q : What is the value common stock outstanding

Q : New return on assets for the entire corporation

Q : Find break-even point in dollars under alternative action

Q : Managerial acct 2 ulrich framing

Q : What would be the difference in net operating income

Q : Adjustment for overstatement of net income

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