Bear Paints is a national paint manufacturer and retailer. (Click the icon to view additional information.) Assume that management has specified a 19% target rate of return Read the requirements Requirement 1. Calculate each division's ROI. First enter the formula, then calculate the ROI for each division. (Enter the Rol as a percent rounded to the nearest hundredth of a percentage, .%.) ROl Paint Stores Consumer Requirement 2. Calculate each division's sales margin. Interpret your results Enter the formula, then calculate the sales margin for each division. (Enter the sales margin as a percent rounded to the nearest hundredth of a percentage, X.XX%.) Sales margin Paint Stores Consumer Choose from any list or enter any number in the input fields and then continue to the next question Bear Paints is a national paint manufacturer and retailer. (Click the icon to view additional information.) Assume that management has specified a 19% target rate of return. Read the requirements VDivision is more profitable on each dollar of sales Requirement 3. Calculate each division's capital turnover. Interpret your results. First enter the formula, then calculate the capital turnover for each division. (Round to two decimal places.) Capital turnover Paint Stores times Consumer times The Requirement 4. Use the expanded ROl formula to confirm your results from Requirement 1. Interpret your results First enter the expanded ROl formula, then calculate the ROl for each division. (Enter the ROl as a percent rounded to the nearest hundredth of a percentage VDivision is more efficient in generating sales with its assets Choose from any list or enter any number in the input fields and then continue to the next question Bear Paints is a national paint manufacturer and retailer (Click the icon to view additional information.) Assume that management has specified a 19% target rate of return Read the requirements The VDivision is more efficient in generating sales with its assets Requirement 4. Use the expanded ROI formula to confirm your results from Requirement 1. Interpret your results First enter the expanded ROl formula, then calculate the ROl for each division. (Enter the ROl as a percent rounded to the nearest hundredth of a percentage X.XX%.) ROI Paint Stores Consumer The Consumer Division's profitability on each dollar of sales is than the Paint Stores Division's profitability. However, the Paint Store Division's efficiency is Vthan the Consumer Division's efficiency. These results cause the Paint Stores Division's ROI to be significantly ROI the Consumer Division's Choose from any list or enter any number in the input fields and then continue to the next question Bear Paints is a national paint manufacturer and retailer EB (Click the icon to view additional information.) Assume that management has specified a 19% target rate of return. Read the requirements RI 96 ) = Paint Stores Consumer Interpret your results and offer recommendations for any division with negative RI meeting management's target rate of return. The should work on improving its Improving this may help the division achieve positive residual income Requirement 6. Total asset data were provided in this problem. If you were to gather this information from an annual report, how would you measure total assets? Describe your measurement choices and some of the pros and cons of those choices. Most companies use thea Management must also decide whether they wish to use the gross book value of assets or the net book value of assets asset balance since the income used in the ROl calculation is eamed over the year. Choose from any list or enter any number in the input fields and then continue to the next question Bear Paints is a national paint manufacturer and retailer (Click the icon to view additional information.) Assume that management has specified a 19% target rate of return. Read the requirements. The | book value is often used because it is easily pulled from the balance sheet. However, ROI using that value will artificially rise over time due to Requirement 7. Describe some o the factors that management considers when setting its minimum target rate of retun. Requirement 8. Explain why some firms prefer to use Rl rather than ROl for performance measurement. Choose from any list or enter any number in the input fields and then continue to the next question Bear Paints is a national paint manufacturer and retailer (Click the icon to view additional information.) Assume that management has specified a 19% target rate of return. Read the requirements Requirement 8. Explain why some firms prefer to use RI rather than ROl for performance easurement. RI does a better job of Requirement 9. Explain why budget versus actual performance reports are insufficient for evaluating the performance of investment centers Investment centers are responsible for because they do not measure Budget versus actual performance reports are insufficient Choose from any list or enter any number in the input fields and then continue to the next question Bear Paints is a national paint manufacturer and retailer. (Click the icon to view additional information.) Assume that management has specified a 19% target rate of return Read the requirements Requirement 1. Calculate each division's ROI. First enter the formula, then calculate the ROI for each division. (Enter the Rol as a percent rounded to the nearest hundredth of a percentage, .%.) ROl Paint Stores Consumer Requirement 2. Calculate each division's sales margin. Interpret your results Enter the formula, then calculate the sales margin for each division. (Enter the sales margin as a percent rounded to the nearest hundredth of a percentage, X.XX%.) Sales margin Paint Stores Consumer Choose from any list or enter any number in the input fields and then continue to the next question Bear Paints is a national paint manufacturer and retailer. (Click the icon to view additional information.) Assume that management has specified a 19% target rate of return. Read the requirements VDivision is more profitable on each dollar of sales Requirement 3. Calculate each division's capital turnover. Interpret your results. First enter the formula, then calculate the capital turnover for each division. (Round to two decimal places.) Capital turnover Paint Stores times Consumer times The Requirement 4. Use the expanded ROl formula to confirm your results from Requirement 1. Interpret your results First enter the expanded ROl formula, then calculate the ROl for each division. (Enter the ROl as a percent rounded to the nearest hundredth of a percentage VDivision is more efficient in generating sales with its assets Choose from any list or enter any number in the input fields and then continue to the next question Bear Paints is a national paint manufacturer and retailer (Click the icon to view additional information.) Assume that management has specified a 19% target rate of return Read the requirements The VDivision is more efficient in generating sales with its assets Requirement 4. Use the expanded ROI formula to confirm your results from Requirement 1. Interpret your results First enter the expanded ROl formula, then calculate the ROl for each division. (Enter the ROl as a percent rounded to the nearest hundredth of a percentage X.XX%.) ROI Paint Stores Consumer The Consumer Division's profitability on each dollar of sales is than the Paint Stores Division's profitability. However, the Paint Store Division's efficiency is Vthan the Consumer Division's efficiency. These results cause the Paint Stores Division's ROI to be significantly ROI the Consumer Division's Choose from any list or enter any number in the input fields and then continue to the next question Bear Paints is a national paint manufacturer and retailer EB (Click the icon to view additional information.) Assume that management has specified a 19% target rate of return. Read the requirements RI 96 ) = Paint Stores Consumer Interpret your results and offer recommendations for any division with negative RI meeting management's target rate of return. The should work on improving its Improving this may help the division achieve positive residual income Requirement 6. Total asset data were provided in this problem. If you were to gather this information from an annual report, how would you measure total assets? Describe your measurement choices and some of the pros and cons of those choices. Most companies use thea Management must also decide whether they wish to use the gross book value of assets or the net book value of assets asset balance since the income used in the ROl calculation is eamed over the year. Choose from any list or enter any number in the input fields and then continue to the next question Bear Paints is a national paint manufacturer and retailer (Click the icon to view additional information.) Assume that management has specified a 19% target rate of return. Read the requirements. The | book value is often used because it is easily pulled from the balance sheet. However, ROI using that value will artificially rise over time due to Requirement 7. Describe some o the factors that management considers when setting its minimum target rate of retun. Requirement 8. Explain why some firms prefer to use Rl rather than ROl for performance measurement. Choose from any list or enter any number in the input fields and then continue to the next question Bear Paints is a national paint manufacturer and retailer (Click the icon to view additional information.) Assume that management has specified a 19% target rate of return. Read the requirements Requirement 8. Explain why some firms prefer to use RI rather than ROl for performance easurement. RI does a better job of Requirement 9. Explain why budget versus actual performance reports are insufficient for evaluating the performance of investment centers Investment centers are responsible for because they do not measure Budget versus actual performance reports are insufficient Choose from any list or enter any number in the input fields and then continue to the next