Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can you please do this on paper and take a picture! thanks! PR 24-5B Free Ride Bike Company Investment Center Report Total Company % Road

Can you please do this on paper and take a picture! thanks!
image text in transcribed
PR 24-5B Free Ride Bike Company Investment Center Report Total Company % Road Bike Div % Mountain Bike Div 5 Sales Revenue 1.728,000 1,760,000 6. Cost of Goods Sold 1,380,000 1,400,000 7 Gross Profit 348,000 360,000 8 Direct Operating Expenses 175,200 236,800 9 Operating Income by Division 172,800 123,200 10 11 Invested Assets 12 13 14 Profit Margin % of Operating Income to Sales) 10% 7% 15 Invest Turnover (Ratio of Sales to invested Assets) 1.20% 2.20% 16 ROI (% of Operating income to invested Assets) 1296 15.4096 17 Dupont Model (Pro Margin x Invest. Turnover) 18 19 20 Analysis: 21 Which Division has the highest dollar of Sales Revenue? Mountain Bike 22 23 if the company were using the Profit Center approach, which division would be considered the best based on profit margin? 24 25 Which division is likely to be considered first for additional investment in capital assets? Why? Mountain Bike Road Bike 26 27 Explain the difference in your answers It is the most profitable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Information Systems Audit In Banking Sector A Study Of SBI And ICICI Banks

Authors: C. Mallesha, M. Sulochana

1st Edition

6200254397, 978-6200254399

More Books

Students also viewed these Accounting questions