Question
The following information relates to the Miniver Division: Asset base $420,000 Sales revenue $680,000 Expenses $520,000 Round all ratios to four significant digits. A. The
The following information relates to the Miniver Division: Asset base $420,000 Sales revenue $680,000 Expenses $520,000
Round all ratios to four significant digits.
| A. The margin for Miniver is | ||
| The turnover for Miniver is | ||
| The ROI for Miniver is | % |
B. Miniver has an option to make an additional investment that would add $75,000 to the asset base. It would generate an additional $20,000 in sales revenue and no additional expenses.
| The new margin is | ||
| The new turnover is | ||
| The new ROI is |
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Global Accounting And Control A Managerial Emphasis
Authors: Sidney J. Gray, Stephen B. Salter, Lee H. Radebaugh
1st Edition
0471128082, 978-0471128083
