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Consider the following data for three divisions of a company, X, Y, and Z: Divisional: Sales Operating Income Investment in assets X Y Z $1,415,000
Consider the following data for three divisions of a company, X, Y, and Z: Divisional: Sales Operating Income Investment in assets X Y Z $1,415,000 $933,000 $4,762,000 219,300 107,700 244,300 419,200 453,400 3,117,000 The asset turnover (AT) for Division Z is: Multiple Choice 1.41 1.53 2.06 Multiple Choice 1.41 1.53 2.06. 3.38 2.94 Consider the following data from two divisions of a company, P and Q: Divisional Sales Operating Income Investment Q $1,200,000 $1,200,000 $ 480,000 $ 600,000 $ 2,400,000 $2,280,000 If the minimum rate of return is 8%, what is Division P's residual income (RI)? Multiple Choice $288,000 $672,000. $1,008,000 Multiple Choice $288,000. $672,000. $1,008,000 $1,161,600 $2,361,600. Shop Matthews Produce harvests and sells Florida oranges. Matthews has hired you to determine its return on investment (ROI) based on both net book value (NBV) and gross book value (GBV). Financial data for the company show that profits are $2.92 million, the NBV of operating assets is $8.60 million, and the GBV of these assets is $58.48 million. What is Rol based on NBV and based on GBV? ROI based on NBV ROI based on GBV
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