3 Quiz Company reported the following information for the last year Sales $4,000,000 Cost of goods sold 2,100,000 Gross margin 1,900,000 Operating expenses 1,100,000 Operating income 800,000 Income taxes (40 ) 320,000 Net income $480,000 Quiz Company began the year with operating assets of $2,700,000 At year end, operating assets were $2,300,000 Quiz Companys required rate of return was 15 , and the cost of capital was 12 Total capital employed during the year was $1,400,000 Determine ROI (return on investment) for the year Note Give your answer to two decimal places Include all zeros Example 0 10 4 Quiz Company reported the following information for the last year Sales $4,000,000 Cost of goods sold 2,100,000 Gross margin 1,900,000 Operating expenses 1,100,000 Operating income 800,000 Income taxes (40 ) 320,000 Net income $480,000 Quiz Company began the year with operating assets of $2,700,000 At year end, operating assets were $2,300,000 Quiz Companys required rate of return was 15 , and the cost of capital was 12 Total capital employed during the year was $1,400,000 Determine residual income (RI) for the year Note Give your answer using dollar signs and commas but not decimal points (cents) Example $12,345 5 Quiz Company reported the following information for the last year Sales $4,000,000 Cost of goods sold 2,100,000 Gross margin 1,900,000 Operating expenses 1,100,000 Operating income 800,000 Income taxes (40 ) 320,000 Net income $480,000 Quiz Company began the year with operating assets of $2,700,000 At year end, operating assets were $2,300,000 Quiz Companys required rate of return was 15 , and the cost of capital was 12 Total capital employed during the year was $1,400,000 Determine economic value added (EVA) for the year Note Give your answer using dollar signs and commas but not decimal points (cents) Example $12,345

Question

3  Quiz Company reported the following information for the last year  Sales $4,000,000 Cost of goods sold 2,100,000 Gross margin 1,900,000 Operating expenses 1,100,000 Operating income 800,000 Income taxes (40 ) 320,000 Net income $480,000 Quiz Company began the year with operating assets of $2,700,000  At year end, operating assets were $2,300,000  Quiz Companys required rate of return was 15 , and the cost of capital was 12   Total capital employed during the year was $1,400,000  Determine ROI (return on investment) for the year  Note  Give your answer to two decimal places  Include all zeros  Example  0 10 4  Quiz Company reported the following information for the last year  Sales $4,000,000 Cost of goods sold 2,100,000 Gross margin 1,900,000 Operating expenses 1,100,000 Operating income 800,000 Income taxes (40 ) 320,000 Net income $480,000 Quiz Company began the year with operating assets of $2,700,000  At year end, operating assets were $2,300,000  Quiz Companys required rate of return was 15 , and the cost of capital was 12   Total capital employed during the year was $1,400,000  Determine residual income (RI) for the year  Note  Give your answer using dollar signs and commas but not decimal points (cents)  Example  $12,345 5  Quiz Company reported the following information for the last year  Sales $4,000,000 Cost of goods sold 2,100,000 Gross margin 1,900,000 Operating expenses 1,100,000 Operating income 800,000 Income taxes (40 ) 320,000 Net income $480,000 Quiz Company began the year with operating assets of $2,700,000  At year end, operating assets were $2,300,000  Quiz Companys required rate of return was 15 , and the cost of capital was 12   Total capital employed during the year was $1,400,000  Determine economic value added (EVA) for the year  Note  Give your answer using dollar signs and commas but not decimal points (cents)  Example  $12,345

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3. Quiz Company reported the following information for the last year. Sales $4,000,000 Cost of goods sold 2,100,000 Gross margin 1,900,000 Operating expenses 1,100,000 Operating

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Sales	$4,000,000
Cost of goods sold	2,100,000
Gross margin	1,900,000
Operating expenses	1,100,000
Operating income	800,000
Income taxes (40%)	320,000
Net income	$480,000