Question
Exercise 10-19 Compute the missing information labeled aq. (Round percentages and ratios to 2 decimal places, e.g. 5.12 or 5.12% and all other answers to
Exercise 10-19
Compute the missing information labeled aq. (Round percentages and ratios to 2 decimal places, e.g. 5.12 or 5.12% and all other answers to 0 decimnal places, e.g. 5,125.)
Segment A | Segment B | Segment C | Segment D | Segment E | ||||||||||||||||
Sales | $1,009,000 | $1,440,000 | (i) $ | $462,000 | $317,000 | |||||||||||||||
Operating income | 101,400 | (f) | 420,000 | 69,300 | (o) | |||||||||||||||
Tax rate | 30 | % | 25 | % | 20 | % | (l) | % | 20 | % | ||||||||||
Total assets | 519,000 | (g) | 1,400,000 | 577,500 | 124,060 | |||||||||||||||
Current liabilities | 49,600 | 43,300 | (j) | 40,260 | 10,610 | |||||||||||||||
Corporate required return | 15% | 18 | % | 20 | % | (m) | % | 20 | % | |||||||||||
Weighted-average cost of capital | 12% | 14 | % | 15 | % | 10 | % | 18 | % | |||||||||||
Margin | (a) | % | 5 | % | (k) | % | 15 | % | 2 | % | ||||||||||
Asset turnover | (b) | 3 | 2.61 | (n) | 2.56 | |||||||||||||||
Return on investment | (c) | % | (h) | % | 30 | % | 12 | % | (p) | % | ||||||||||
Residual income | (d) | -14,400 | 140,000 | 0 | -18,472 | |||||||||||||||
Economic value added | (e) $ | -7,138 | $143,900 | $-5,214 | (q) $ |
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