1 answer

Exercise 15-16 Return on investment and residual income LO 15-6, 15-7 Required Supply the missing information...

Question:

Exercise 15-16 Return on investment and residual income LO 15-6, 15-7 Required Supply the missing information in the followin

Exercise 15-16 Return on investment and residual income LO 15-6, 15-7 Required Supply the missing information in the following table for Perez Company. (Do not round intermediate calculations. Round "ROI" answer to 2 decimal places. (i., .2345 should be entered as 23.45).) 365,400 Sales $ ROI Operating assets Operating income Turnover Residual income 2.1 13 % Operating profit margin Desired rate of return 18 %

Answers

sales ROL operating assets in operating income Turnover ratio do Residual ancome operating profit margin Désired rate of vetuoperating profit margin - 13%. operating incomes - $365400*131 = $47502 ROI = Net operating ancome X100 Operating assets x 10

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