Answered step by step
Verified Expert Solution
Question
1 Approved Answer
17. The following information pertains to the three divisions of Yang Company: Division A Division B Division C Sales ? ? $1,345,000 Net operating income
17.
The following information pertains to the three divisions of Yang Company:
Division A | Division B | Division C | |
Sales | ? | ? | $1,345,000 |
Net operating income | $48,000 | $18,000 | $82,000 |
Average operating assets | $420,000 | ? | ? |
Return on investment | ? | 15% | 20% |
Margin | 0.2 | 0.015 | ? |
Turnover | 2.1 | ? | ? |
Target ROI | 17% | 14% | 8% |
What are the sales for Division B?
a.$1,250,000
b.$18,000
c.$1,200,000
d.$208,333
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started