1 (1 point) Operating profit margin is the ratio of ________ to sales. Question 1 options: Profit Operating income Cost Question 2 (1 point) Calculate the Operating margin ratio from the following: Total Sales $96000, Operating income $23000. Question 2 options: 3.93 4.17 0.24 Question 3 (1 point) Asset turnover is the ratio of ________ to average operating assets. Question 3 options: Sales Cost Operating profit Question 4 (1 point) Calculate the Asset turnover ratio from the following: Total Sales $114000, Average operating assets $52000. Question 4 options: 0.46 2.19 21.90 Question 5 (1 point) Calculate the ROI from the following: Operating profit margin $14.56% and Asset turnover 0.68. Question 5 options: 8.88% 9.90% 11.21% Question 6 (1 point) _________ is the dollar amount of division operating profit in excess of the division's cost of acquiring capital to purchase its operating assets. Question 6 options: Residual income Operating profit Operating income Question 7 (1 point) Calculate the Residual Income from the following: Operating income $3295, Percent Cost of Capital 8% and Average operating Assets $29350. Question 7 options: $2348 $4436 $947 Question 8 (1 point) Calculate the Residual Income from the following: Operating income $4952, Percent Cost of Capital 8% and Average operating Assets $55450. Question 8 options: $3295 $2672 $516 Question 9 (1 point) Calculate the Residual Income from the following: Operating income $2253, Percent Cost of Capital 8% and Average operating Assets $33400. Question 9 options: $419 $4436 $2348 Question 10 (1 point) Residual income does not provide an efficient means for _________ as it is stated in dollars rather than expressed as a ratio. Question 10 options: Performance measurement Accounting Comparing divisions Question 11 (1 point) _________ was developed to provide financial information without the anomalies that result from following GAAP. Question 11 options: Return on Investment Residual Income Economic Value Added Question 12 (1 point) Organizations make adjustments to _________ and average operating assets while using Economic Value added. Question 12 options: Profit Cost Operating income Question 13 (1 point) GAAP requires that R&D costs be expensed as ________. Question 13 options: Incurred Revenue Total Cost Question 14 (1 point) Calculate the Economic Value Added from the following: Net operating profit after taxes(adjusted) $2586, Percent cost of capital 8%, Average operating assets (adjusted) $26350. Question 14 options: $2108 $4172 $478 Question 15 (1 point) Calculate the Economic Value Added from the following: Net operating profit after taxes(adjusted) $4306, Percent cost of capital 8%, Average operating assets (adjusted) $51150. Question 15 options: $2584 $134 $478 Question 16 (1 point) Calculate the Economic Value Added from the following: Net operating profit after taxes(adjusted) $3257, Percent cost of capital 8%, Average operating assets (adjusted) $32300. Question 16 options: $4172 $2584 $673 Question 17 (1 point) A __________ is the price used to value the transfer of goods or services between divisions within the same company. Question 17 options: Cost price Sales price Transfer price Question 18 (1 point) The general economic transfer pricing rule attempts to establish _________ for divisions to maximize overall company profit. Question 18 options: Products Guidelines Units Question 19 (1 point) The transfer price should be set at a ________ to the selling division, plus the opportunity cost of making the sale internally. Question 19 options: Zero Nominal Differential cost Question 20 (1 point) Calculate the Transfer price when at Capacity of the organization from the following: Differential cost to selling division $18, Opportunity cost of selling internally $11. Question 20 options: $29 $7 $1.64