Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

That New Prod - Chegg.com M Question 3 - Chapter 11 - Homework 3 - Algorithmic Connect er 11 - Homework 3 - Algorithmic i

image text in transcribed
image text in transcribed
image text in transcribed
That New Prod - Chegg.com M Question 3 - Chapter 11 - Homework 3 - Algorithmic Connect er 11 - Homework 3 - Algorithmic i Saved Help Save & Exit Submit 3 Check my work Billings Company is a decentralized wholesaler with five autonomous divisions. The divisions are evaluated on the basis of ROI, with year-end bonuses given to the divisional managers who have the highest Rois. Operating results for the company's Office Products Division for this year are given below: Sales Variable expenses Contribution margin Fixed expenses Net operating income Divisional average operating assets $ 21,100,000 13,350,400 7,749,600 5,935, 600 $ 1,814,600 $ 4,220,000 eBook Hint The company had an overall return on investment (ROI) of 18.00% this year (considering all divisions). Next year the Office Products Division has an opportunity to add a new product line that would require an additional investment that would increase average operating assets by $2,262,500. The cost and revenue characteristics of the new product tine per year would be: Print Sales Variable expenses Fixed expenses $9,050,000 65% of sales $2,534,000 References Required: 1. Compute the Office Products Division's margin, turnover, and ROI for this year. 2. Compute the Office Products Division's margin, tumover and ROI for the new product line by itselt 3. Compute the Office Products Division's margin, turnover and ROI for next year assuming that it performs the same as this year and adds the new product line 4. If you were in Dell Havasi's position, would you accept or reject the new product line? 5. Why do you suppose headquarters is anxious for the Office Products Division to add the new product line? 6. Suppose that the company's minimum required rate of return on operating assets is 16% and that performance is evaluated using residual income. a. Compute the Office Products Division's residual income for this year. 6. Compute the Office Products Division's residual income for the new product line by itself c. Compute the Office Products Division's residual income for next year assuming that it performs the same as this year and adds the new product line. MC Graw Hill my wo a. Compute the orice Products Division's residual income for this year. b. Compute the Office Products Division's residual income for the new product line by itself. c. Compute the Office Products Division's residual income for next year assuming that it performs the same as this year and adds the new product line. d. Using the residual income approach, if you were in Dell Havasi's position, would you accept or reject the new product lin Complete this question by entering your answers in the tabs below. Req 1 to 3 Req 4 Reqs Req 6A edoc Reg 6D 6. Suppose that the company's minimum required rate of return on operating assets is 16% and that performance is evaluated using residual income. a. Compute the Office Products Division's residual income for this year. b. Compute the Office Products Division's residual income for the new, product line by itself. c. Compute the Office Products Division's residual income for next year assuming that it performs the same as this year and adds the new product line. Show less ances 1. Residual income for this year 2. Residual income for the new product line by itself 3. Residual income for next year That New Prod - Chegg.com M Question 3 - Chapter 11 - Homework 3 - Algorithmic Connect er 11 - Homework 3 - Algorithmic i Saved Help Save & Exit Submit 3 Check my work Billings Company is a decentralized wholesaler with five autonomous divisions. The divisions are evaluated on the basis of ROI, with year-end bonuses given to the divisional managers who have the highest Rois. Operating results for the company's Office Products Division for this year are given below: Sales Variable expenses Contribution margin Fixed expenses Net operating income Divisional average operating assets $ 21,100,000 13,350,400 7,749,600 5,935, 600 $ 1,814,600 $ 4,220,000 eBook Hint The company had an overall return on investment (ROI) of 18.00% this year (considering all divisions). Next year the Office Products Division has an opportunity to add a new product line that would require an additional investment that would increase average operating assets by $2,262,500. The cost and revenue characteristics of the new product tine per year would be: Print Sales Variable expenses Fixed expenses $9,050,000 65% of sales $2,534,000 References Required: 1. Compute the Office Products Division's margin, turnover, and ROI for this year. 2. Compute the Office Products Division's margin, tumover and ROI for the new product line by itselt 3. Compute the Office Products Division's margin, turnover and ROI for next year assuming that it performs the same as this year and adds the new product line 4. If you were in Dell Havasi's position, would you accept or reject the new product line? 5. Why do you suppose headquarters is anxious for the Office Products Division to add the new product line? 6. Suppose that the company's minimum required rate of return on operating assets is 16% and that performance is evaluated using residual income. a. Compute the Office Products Division's residual income for this year. 6. Compute the Office Products Division's residual income for the new product line by itself c. Compute the Office Products Division's residual income for next year assuming that it performs the same as this year and adds the new product line. MC Graw Hill my wo a. Compute the orice Products Division's residual income for this year. b. Compute the Office Products Division's residual income for the new product line by itself. c. Compute the Office Products Division's residual income for next year assuming that it performs the same as this year and adds the new product line. d. Using the residual income approach, if you were in Dell Havasi's position, would you accept or reject the new product lin Complete this question by entering your answers in the tabs below. Req 1 to 3 Req 4 Reqs Req 6A edoc Reg 6D 6. Suppose that the company's minimum required rate of return on operating assets is 16% and that performance is evaluated using residual income. a. Compute the Office Products Division's residual income for this year. b. Compute the Office Products Division's residual income for the new, product line by itself. c. Compute the Office Products Division's residual income for next year assuming that it performs the same as this year and adds the new product line. Show less ances 1. Residual income for this year 2. Residual income for the new product line by itself 3. Residual income for next year

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

Using Financial Accounting Information The Alternative to Debits and Credits

Authors: Gary A. Porter, Curtis L. Norton

7th Edition

978-0-538-4527, 0-538-45274-9, 978-1133161646

More Books

Students also viewed these Accounting questions

Question

Compose the six common types of social business messages.

Answered: 1 week ago

Question

Describe positive and neutral messages.

Answered: 1 week ago