Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

LOral reports the following for a recent year for the major divisions in its cosmetics branch. ( millions) Sales Income Total Assets End of Year

LOral reports the following for a recent year for the major divisions in its cosmetics branch.

( millions) Sales Income Total Assets
End of Year
Total Assets
Beginning of Year
Professional products 5,450 1,270 2,980 2,700
Consumer products 12,380 2,145 6,890 5,810
Luxury products 7,205 1,140 3,830 4,410
Active cosmetics 2,790 620 1,200 990








Total 27,825 5,175 14,900 13,910

















1.1

Compute profit margin for each division. (Enter your answers in millions.)

1.2
Which LOreal division has the highest profit margin?
Consumer products
Luxury products
Professional products
Active cosmetics

2.1

Compute investment turnover for each division. (Enter your answers in millions.)

2.2
Which LOreal division has the best investment turnover?
Consumer products
Luxury products
Active cosmetics
Professional productsimage text in transcribed
L'Oral reports the following for a recent year for the major divisions in its cosmetics branch. Total Assets End of Year Total Assets Beginning of Year 2,700 5,810 4,410 millions) Sales Income Consumer products Luxury products Active cosmetics Professional products 5,450 1,2702,980 12,380 7,205 2,790 2,145 1,140 620 6,890 3,830 1,200 990 Total 27,825 5,175 14,900 13,910 1.1 Compute profit margin for each division. (Enter your answers in millions.) Choose Denominato Profit Margin = | Profit Margin Choose Numerator: Investment Center Professional products Consumer products Luxury products Active cosmetics 1.2 Which L'Oreal division has the highest profit margin? Consumer products O Luxury products Professional products OActive cosmetics 2.1 Compute investment turnover for each division. (Enter your answers in millions.) Choose Numerator: | 1 | Choose Denominator: | = Investment Turnover Investment Center Professional products Consumer products Luxury products Active cosmetics Investment Turnover

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

Step: 3

blur-text-image

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

Management Accounting For Business Decisions

Authors: Colin Drury

2nd Edition

1861527705, 978-1861527707

More Books

Students also viewed these Accounting questions