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The following data are taken from the records of Dove Company, a division of Oasis Corporation for the year ended December 31, 2021 Sales 12,000,000.00
The following data are taken from the records of Dove Company, a division of Oasis Corporation for the year ended December 31, 2021 Sales 12,000,000.00 Less: Variable Cost and expenses 8,000,000.00 Contribution Margin 4,000,000.00 Less: Direct Fixed Cost and Expenses 1,000,000.00 Segment Income 3,000,000.00 The company used an average assets of P8,000,000.00 in 2021. The cost of capital is 12% Calculate the following. 1. Return on Sales 2. Asset Turnover 3. ROI 4. Residual Income
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