Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help me. thanks in advance WI WV W agalatons cher se prolt margin ato tealuste dusion performance atter then simply wing Income? 25. Return
please help me. thanks in advance
WI WV W agalatons cher se prolt margin ato tealuste dusion performance atter then simply wing Income? 25. Return on Investment (ROI)Sorento Company has the dusen-Northwest Sath wd fast. This is the same company as the previous eerdse This berdse bedred Indrenden S Income statement Information for the most recent fiscal year ended December 31 is shown as follows Assume average operating assets totaled $15,000,000 for the Northwest dusion 5.500,000 for the South division and $17,500,000 for the East division Sorrento Company Segmented Income Statements for the Current Fiscal Year Ended December 31 Idollar amounts are in thousands) Division Division Northwest Division TESTI $2.000.000 1000000 4125.000 5.000.000 TS 25300 Sales Cost of goods sold Gross margin Allocated overhead Selling and administrative expenses Operating income Income tax 35% Net income 7 000 000 511000000 5 8000000 2.00poco $ 5.000.000 1.500.000 200.000 5 1.100.000 455,000 345.000 COS Required: a. Calculate return on investment for each vision What does return on investment tell us about each dison indicate why this mean is useful in Shot on OnePlus antes B C D E F G H I 2 EXERCISES: Set A (continued) 4 25. Return on lavestment (ROI) a. ROI calculations are shown below Sorrento Company Return oa lavestment For the Current Fiscal Year Ended December 31 Northwest South Division Division Operating Income $ 2.875,000 Average operating assets 15000.000 Return on investment 19.179. RUUN883 o C BE to Exer SA2 Exercise Set A25 41 Type here to search OA Shot on OnePlus Powered by Dual CameraStep 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