For company was company to four distinction Therand for downed in the forest Fanny.com woments and the following presented information Coded Financial States Read the regula Not Rene Operating Prot TA Onun anothing Requirement.w the data you consequunto colate and mon 2017 Interpol your de Sound your own to the rear wheepot) SM Hommige Chinum Stores The division of Form Company has a much lower les marginhan the other divisions. They are ory aming on every 51 of sales, whereas the other divisions range from on every dollar oli has the highest sales margin Requirement 3. Use the data you collected in Requirement to calculate each division's capital turnover in 2017 Interpret your ret (Round you were to we decima - Capital Tumor Home lumihings Cfice furniture Store displays Healthcarefumating Requirements, the data you colocheid nemen 1 o chochote, 2017 tarpeet your voidaRound your www to vodim) - Capital Tumowe Home Office Son day ge Interpret your results The avons have nover wie Yamover. This means that the divine has the lowest capital Requirement 4. Use the data you collected in Requirement locatechis 2017 in your (Enter your ended to the top XXX) ROI the HOE Button had the beach the in the Requirement 5. Can you can hear Why or why Financial reportinis tortor no Theo communication Since the presented to fol nfom Net Revenue and Operating Profit - X Form Company's consol ants Net Revenue Operating Profit 2017 2016 2015 2017 2016 2015 Home furnishings $ 9,750 $ 8,650 $ 8,250 S 2,535 $ 2,260 $ 1.710 Office furniture 9,000 8,100 7,800 1.710 1,530 1.470 Store displays 12,200 11,000 10,500 1,830 1,690 1,630 Health-care furnishings 1.625 1,475 1.375 520 495 475 Total division $ 32,575 $ 29,225 $ 27,925 $ 6,595 $ 5,975 $ 5,285 (320) (280) (235) Corporate $ 32,575 $ 29,225 $ 27,925 $ 6,275 $ 5,695 S 5,050 Total Corporate includes the costs of our corporate headquarters, centrally managed initiatives, and certain gains and losses that cannot be accurately allocated to specific divisions, such as derivative gains and losses. e fact asing Ints. Residual income calcu Total Assets & Other Information Company's conse Amortization of Intangible Assets Depreciation and Other Amortization 2017 2016 2015 2017 2016 2015 15 $ 10 $ 10 S 420 $ 410 $ 415 86 81 81 290 270 265 Home furnishings Office furniture Store displays Health-care furnishings Total division 85 80 78 485 30 430 35 390 32 4 $ 186 S 171 $ 173 $ 1,225 $ 20 1.145 $ 25 1,102 24 Corporate $ 186 $ 171 $ 173 S 1,245 $ 1.170 $ 1,126 Total Total Assets & Other Information Compan $ 186 $ 171 $ 173 $ Total 1,245 $ 1,170 $ 1,126 Total Assets Capital Spending 2017 2016 2015 2017 2016 2015 Home furnishings 6,500 $ 5,250 $ 4,750 $ 530 $ 540 $ 500 Office furniture 7,500 6,900 6,700 500 330 275 Store displays 9,760 8,560 8,160 840 670 535 650 450 400 20 20 Health-care furnishings 25 Total division $ 24,410 $ 21,160 $ 20,010 S 1,890 $ 1,560 $ 1,335 1,800 5,360 3,560 210 215 100 Corporate $ 26,210 $ 26,520 $ 23,570 $ 2,100 $ 1,775 $ 1,435 Total Corporate assets consist of cash, short-term investments, and property, plant, and equipment. The corporate property, plant, and equipment includes the headquarters building, equipment within, and the surrounding property. sidual ind Notes to Consolidated Financial Statements - X Note 1Basis of Presentation and Our Divisions: We manufacture, market, and sell a variety of products through our divisions, including furniture and fixtures for the home, office, stores, and health-care facilities. The accounting policies are the same for each division. - -X Requirements ws 1. What are Form Company's four business divisions? Fill in the table listing each division, along with its net revenues, operating profit, and total assets in 2017 2. Use the data you collected in Requirement 1 to calculate each division's sales margin in 2017. Interpret your results. 3. Use the data you collected in Requirement 1 to calculate each division's capital turnover in 2017. Interpret your results. 4. Use the data you collected in Requirement 1 to calculate each division's ROI in 2017. Interpret your results. 5. Can you calculate Rl using the data presented? Why or why not? pments. F
