Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 28, 2024

Pharoah Corporation's Port division has a segment margin of $417000 and net sales revenue of $4490000 for the current reporting period. The division has an

Pharoah Corporation's Port division has a segment margin of $417000 and net sales revenue of $4490000 for the current reporting period. The division has an asset turnover of 1.4. What is the division's ROI?

10.8% 14.6% 13.0% The answer cannot be determined from the information given

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 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

Managerial Accounting Tools For Business Decision Making

Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell

9th Edition

1119754054, 9781119754053

More Books

Students also viewed these Accounting questions

Question

★★★★★

Describe what an activity duration estimate is. How is it determined? Can an activity have an estimated duration of 0? Why or why not?

Answered: 1 week ago

Question

★★★★★

Reconsider Problem 2, assuming a fixed overhead cost of $30 per day but no project deadline. What is the least-cost crash program? What if the overhead cost was $40? What if it was $60?

Answered: 1 week ago

Question

★★★★★

In the article Speed of Psychosis Progression in People at Ultra-High Clinical Risk: a complementary meta-analysis published in JAMA Psychiatry (Kempton, et al., 2015), the authors reported the...

Answered: 1 week ago

Question

★★★★★

Off-Shore Jewelry, Inc. is a relatively small, but fast-growing U.S. based private company. It designs, manufacturers, and distributes fine jewelry in the United States. To reduce costs, it has...

Answered: 1 week ago

Question

★★★★★

Walgreen Co., the largest drug store chain in the United States, reported inventories of $7,213 million and $6,852 million in its February 28, 2014, and August 31, 2013, balance sheets, respectively....

Answered: 1 week ago

Question

★★★★★

Chart of Accounts for Techno Engineering Supplies Company Assets: 101 Cash 105 Accounts Receivable 110 Note Receivable 115 Inventory 120 Prepaid Insurance 125 Warehouse Building 130 Equipment...

Answered: 1 week ago

Question

★★★★★

HBS Simulation: Quality Analytics Challenge 2 How did you determine when to make a machine adjustment (re-center the process mean) or make a labor substitution (re-center the process standard...

Answered: 1 week ago

Question

★★★★★

m DIRECTIONS: Read the Rossano Ferretti interview to answer the questions below on how hm ' productivity led to higher pay as a hairstylist. The average Professional soccer player gets paid $3...

Answered: 1 week ago

Question

★★★★★

Researchers can better understand the distribution of a categorical variable by counting the number of individuals or cases in each category. This is referred to as the ______. Explain briefly

Answered: 1 week ago

Question

★★★★★

At another local coffee shop, wait times for a cup of plain coffee are normally distributed with a mean of $125 seconds and a standard deviation of 22 seconds. What percentage of wait times for a cup...

Answered: 1 week ago

Question

★★★★★

Luisa treats rice and wheat as perfect complements and spends all her food budget of $24/wk on these foodstuffs. If rice costs $3/lb, draw Luisa's price-consumption curve for wheat. Instructions: 1....

Answered: 1 week ago

Question

★★★★★

2. In this chapter, the reader should reflect on the following concepts: Message, communication error, data, code, information, metaphor.

Answered: 1 week ago

Question

★★★★★

1. To gain insight about the information processes operating in a communication process.

Answered: 1 week ago

Question

★★★★★

4. As your starting point, take two everyday decisions you have made during the past year. Discuss these decisions based on the following question: Why do you think your decisions may have been wrong?

Answered: 1 week ago

Previous Question Next Question