Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following information pertains to the three divisions of Yang Company: Division A Division B Division C Sales ? ? $1,345,000 Net operating income $48,000

The following information pertains to the three divisions of Yang Company:

Division A Division B Division C
Sales ? ? $1,345,000
Net operating income $48,000 $18,000 $82,000
Average operating assets $420,000 ? ?
Return on investment ? 15% 20%
Margin 0.2 0.015 ?
Turnover 2.1 ? ?
Target ROI 17% 14% 8%

What is the turnover for Division C?

a.6.670

b.3.28

c.1.500

d.0.20

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

Anti Fraud Risk And Control Workbook

Authors: Peter Goldmann, Hilton Kaufman

1st Edition

0470496533, 978-0470496534

More Books

Students also viewed these Accounting questions

Question

=+ (a) Extend to the case of bounded F.

Answered: 1 week ago

Question

What is the preferred personality?

Answered: 1 week ago

Question

What is the relationship between humans?

Answered: 1 week ago