Question
The Ho Chiek Company (HCC) has 4 divisions. The following are results of one of HCC's division, Yum Yum Division (YY Division): Sales $200,000 Variable
The Ho Chiek Company (HCC) has 4 divisions. The following are results of one of HCC's division, Yum Yum Division (YY Division):
Sales $200,000
Variable costs 10,000
Contribution margin $190,000
Fixed expenses 140,000
Segment operating profit $ 50,000
YY Division's average operating assets are $250,000.
Table 1
25. Refer to Table 1. Profit Margin for YY Division is ___________
A. 25%
B. 35%
C. 40%
D. 60%
26. Refer to Table 1. Asset Turnover for YY Division is ___________
A. 100%
B. 80%
C. 40%
D. 20%
27. Refer to Table 1. Return on Investment (ROI) for YY Division is ___________
A. 10%
B. 15%
C. 20%
D. 25%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started