The income statement comparison for Forklift Material Handling shows the income statement for the current and prior year. FORKLIFT MATERIAL HANDLING Income statement Comparison Current Year Prior Year (Amounts in thousands) Sales $33,800 $24,750 Cost of goods sold 21,970 16,830 Gross profit $11,830 $7,920 Expenses: Wages $8,775 $6,188 Utilities 700 300 Repairs 350 Selling Total Expenses 168 507 $10,150 300 $7,138 Operating income Operating income % Total assets (investment base) $4,400 $1,400 Return on investment Residual income (8% cost of capital) A. Determine the operating income (loss) (dollars) for each year. If required round final answers to two decimal places Current Year Prior Year Operating income (loss) S B. Determine the operating income (loss) (percentage) for each year. If required round final answers to two decimal places. Current Year Prior Year LA UY W Operating income Operating Income % Total assets (investment base) $4,400 Return on Investment Residual income (8% cost of capital) A. Determine the operating income (loss) (dollars) for each year. If required round final answers to two decimal places. Current Year Prior Year Operating income (loss) $ $ B. Determine the operating Income (loss) (percentage) for each year. If required round final answers to two decimal places Current Year Prior Year Operating Income (loss) N L c. The company made a strategic decision to invest in additional assets in the current year. These amounts are provided. Using the total assets amounts as the investment base, calculate the return on investment. Was the decision to invest additional assets in the company successful? If required round final answers to two decimal places. Current Year Prior Year Return on investment D. Assuming an 8% cost of capital, calculate the residual income for each year. Do not round intermediate computations and round final answers to nearest whole dollar. For those boxes in which you must enter subtractive or negative numbers use a minus sign. Current Year Prior Year Residual income The residual income related to the investment in the current year. This Management consider both methods in their analysis of the investment with the ROI results. Previous Next Calculator Print Item The Income statement comparison for Forklift Material Handling shows the income statement for the current and prior year. FORKLIFT MATERIAL HANDLING Income statement Comparison Current Year Prior Year $24,750 (Amounts in thousands) Sales Cost of goods sold Gross profit $33,800 21,970 16,830 $11,830 $7,920 Expenses: Wages Utilities $8,775 700 168 $6,188 300 350 Repairs 507 300 Selling Total Expenses $10,150 $7,138 Operating income Operating income % Total assets (Investment base) $4,400 $1,400 Return on investment Residual income (0% cost of capital) A. Determine the operating income (loss) (dollars) for each year. If required round final answers to two decimal places Current Year Prior Year Operating income (loss) 8. Determine the operating income (loss) (percentage) for each year. If required round final answers to two decimal places Current Year Prior Year wa flos eBook Connect To Do Show Me How Calor Total Expenses $10,150 $7,138 Operating income Operating income % Total assets (investment base) $4,400 $1,400 Return on investment Residual income (8% cost of capital) A. Determine the operating income (loss) (dollars) for each year. If required round final answers to two decimal places. Current Year Prior Year Operating income (loss) 8. Determine the operating income (loss) (percentage) for each year. If required round final answers to two decimal places Current Year Prior Year Operating income (loss) L % % c. The company made a strategic decision to invest in additional assets in the current year. These amounts are provided. Using the total assets amounts as the investment base, calculate the return on investment. Was the decision to invest additional assets in the company o f required round final answers to two decimal places Current Year Prior Year Return on investment D. Assuming an cost of capital, calculate the residual income for each year. Do not round intermediate computations and round final and dollar. For those boxes in which you must enter subtractive or negative numbers use a minus sign. Current Year Prior Year in the current year. This with the ROI results. Manager Residual income The residual income related to the investment consider both methods in their analysis of the investment Previous Next Check My Work The income statement comparison for Forklift Material Handling shows the income statement for the current and prior year. FORKLIFT MATERIAL HANDLING Income statement Comparison Current Year Prior Year (Amounts in thousands) Sales $33,800 $24,750 Cost of goods sold 21,970 16,830 Gross profit $11,830 $7,920 Expenses: Wages $8,775 $6,188 Utilities 700 300 Repairs 168 350 507 Selling Total Expenses $10,150 $7,138 Operating income Operating income % Total assets (Investment base) $4,400 $1,400 Return on investment Residual income (8% cost of capital) A. Determine the operating income (loss) (dollars) for each year. If required round final answers to two decimal places Current Year Prior Year Operating Income (los) Return on investment Residual income (8% cost of capital) A. Determine the operating income (loss) (dollars) for each year. If required round final answers to two decimal places. Current Year Prior Year Operating income (loss) s B. Determine the operating income (loss) (percentage) for each year. If required round final answers to two decimal places. Current Year Prior Year Operating income (loss) % L c. The company made a strategic decision to invest in additional assets in the current year. These amounts are provided. Using the total assets amounts as the investment base, calculate the return on investment. Was the decision to invest additional assets in the company sucessful? required round final answers to two decimal places. Current Year Prior Year Return on investment D. Assuming an 0% cost of capital, calculate the residual income for each year. Do not round intermediate computations and round final answers to nearest whole dollar. For those boxes in which you must enter subtractive or negative numbers use a minus sign Current Year Prior Year Residual income The residual income related to the investment in the current year. This with the ROI results. Management consider both methods in their analysis of the investment. Previous Next > Check My Work