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PLEASE HELP ME WITHIN 5 MINUTES PLEASE!! Question 12 (1 point) Harstin Corporation has provided the following data for the past year: Sales........... $625,000 Gross
PLEASE HELP ME WITHIN 5 MINUTES PLEASE!!
Question 12 (1 point) Harstin Corporation has provided the following data for the past year: Sales........... $625,000 Gross Margin.................... $70,000 Operating Income..... $50,000 Shareholders' Equity........... $90,000 Average Operating Assets..... $250,000 Residual Income.............. $20,000 What was the return on investment (ROI) for the past year? 20%. 36%. 28%. 8%. Question 13 (1 point) Harstin Corporation has provided the following data for the past year: Sales.......... $625,000 Gross Margin.......... $70,000 Operating Income.... $50,000 Shareholders' Equity......... $90,000 Average Operating Assets..... $250,000 Residual Income............ $20,000 What was the return on investment (ROI) "margin" for the past year? 11.2%. 19.2%. 14.4% 8.0%. Question 14 (1 point) The following information is available on Company A: Sales.......... $900,000 Operating Income.............. $36,000 Shareholders' Equity.... $100,000 Average Operating Assets............... $180.000 Minimum Required Rate of Return..... 15% What is the ROI "turnover" for Company A? 25 2 5 9 Question 15 (1 point) The following information is available on Company A: Sales.......... $900,000 Operating Income........ $36,000 Shareholders' Equity....... $100,000 Average Operating Assets.............. $180,000 Minimum Required Rate of Return..... 15% What is Company A's residual income? $ 21,000 $ 24,000 $ 9,000 $ 45,000 Question 1 (1 point) When the indirect method is used to prepare the statement of cash flows, if accounts receivable increases during the accounting period, the change in accounts receivable is: subtracted from net income. subtracted from the change in the cash account. added to net income. added to the change in the cash account Step by Step Solution
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