Question
1) Multiclass, Inc., provided the following information for two of its divisions for last year: Snack Foods Division include: Sales - $30,000,000; Operating income -
1) Multiclass, Inc., provided the following information for two of its divisions for last year: Snack Foods Division include: Sales - $30,000,000; Operating income - $1,800,000; Operating assets, January 1 - $9,600,000 and Operating assets, December 31 - $10,400,000. Appliance Division include: Sales - $117,000,000; Operating income - $3,510,000; Operating assets, January 1 - $17,500,000 and Operating assets, December 31 - $21,500,000. Calculate the Average operating assets for the Snack Foods Division.
a.$12,500,000
b.$10,000,000
c.$9,600,000
d.$10,400,000
2) Using the same information above, calculate the margin or the return on sales for the Snack Foods Division.
a.6%
b.18%
c.10%
d.3%
3) Calculate the Turnover of Snack Foods Division.
a.6.0
b.1.8
c.7.0
d.3.0
4) Calculate the Return on investment (ROI) for Snack Foods Division.
a.6%
b.18%
c.10%
d.3%
5) Using the same information in above, calculate the average operating assets for the Appliance Division.
a.$17,500,000
b.$21,500,000
c.$19,500,000
d.$14,500,000
6) Using the same information above, calculate the margin or the return on sales for the Appliance Division.
a.6%
b.18%
c.10%
d.3%
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