Question
22. (6 points) Tapir Inc. operates with three divisions: Brazil, Columbia, Argentina. Below are selected results for each division over the last two years. Revenues:
22. (6 points) Tapir Inc. operates with three divisions: Brazil, Columbia, Argentina. Below are selected results for each division over the last two years.
| Revenues: | 2021 | 2020 |
| Brazil | 3,120,000 | 2,000,000 |
| Columbia | 5,250,000 | 5,000,000 |
| Argentina | 8,000,000 | 7,000,000 |
| Operating Income: | ||
| Brazil | 240,000 | 140,000 |
| Columbia | 625,000 | 700,000 |
| Argentina | 1,200,000 | 980,000 |
| Average Total Assets: | ||
| Brazil | 1,200,000 | 900,000 |
| Columbia | 4,500,000 | 4,400,000 |
| Argentina | 6,600,000 | 6,125,000 |
| Number of Managers: | ||
| Brazil | 6 | 5 |
| Columbia | 14 | 14 |
| Argentina | 12 | 10 |
a. Calculate Return on Assets (ROA) for Tapir Inc. in 2021 and 2020 (report percentages rounded two decimals).
b. Calculate Return on Sales (ROS) for Tapir Inc. in 2021 and 2020 (report percentages rounded two decimals).
c. Industry Averages are 15% for ROA and 10% for ROS in 2021 and 2020. Discuss Tapirs performance compared to industry averages (do not repeat calcs from above, discuss key performance).
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Principles Of Cost Accounting
Authors: Robert E. Schmiedicke, Charles F. Nagy, Edward J. Vanderback, E.J. Vanderbeck C.F. Nagy
9th Edition
0538812915, 978-0538812917
