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points) A Ontario Company has two divisions, the Domestic Division and the International Dede Last year, the Domestic Division eamed operating income of $360,000 uning
points) A Ontario Company has two divisions, the Domestic Division and the International Dede Last year, the Domestic Division eamed operating income of $360,000 uning way operating assets of $1,440,000. Sales for the Domestic Division were 33 800.000. Com year, the International Division earned operating income of $560.000 using songs operating assets of $2,800,000. Sales for the International Division were $1.000.000 Required: the Domestic Division Calculate the following ratios 1. Margin 11. Turnover III. Return on Investment North Bay Company manufactures tents and sleeping bags. Tents are priced at 58cm variable costs of $55, and have direct fixed costs of $120,000. Sleeping bags are $60, have variable costs of $35, and have direct fixed costs of $66,000. Common MacBook Air $1.000.000 For the Domestic Division Calculate the following ratios Margin 11. Turnover in. Retum on Investment 8. North Bay Company manufactures tents and sleeping bags. Tents are priced at $80. have variable costs of $55, and have direct fixed costs of $120,000. Sleeping bags are priced at $60, have variable costs of $35, and have direct fixed costs of $66,000. Common fixed costs equal $200,000. Last year, the division sold 5,000 tents and 10,000 sleeping bags. Required: 1. What was the segment margin for tents last year? 11. What was the segment margin for sleeping bags last year? II. What was North Bay's s operating income last year? MacBook Air
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