Westerville Company Chap. 11 - Assignment Print View 1 of...

Info icon This preview shows pages 1–11. Sign up to view the full content.

View Full Document Right Arrow Icon
Assignment Print View http://ezto.mheducation.com/hm_accounting.tpx?todo=printviewSingle 1 of 30 4/19/2016 5:15 PM
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Required: 1. What is last year’s margin? References Worksheet Learning Objective: 11-01 Compute return on investment (ROI) and show how changes in sales, expenses, and assets affect ROI. Foundational 11-1 Learning Objective: 11-02 Compute residual income and understand its strengths and weaknesses. Required: 1. What is last year’s margin? Assignment Print View http://ezto.mheducation.com/hm_accounting.tpx?todo=printviewSingle 2 of 30 4/19/2016 5:15 PM
Image of page 2
1. Last year’s margin is: Margin = Net operating income Sales = $300,000 = 20% $1,500,000 Assignment Print View http://ezto.mheducation.com/hm_accounting.tpx?todo=printviewSingle 3 of 30 4/19/2016 5:15 PM
Image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
2. What is last year’s turnover? (Round your answer to 1 decimal place.) References Worksheet Learning Objective: 11-01 Compute return on investment (ROI) and show how changes in sales, expenses, and assets affect ROI. Foundational 11-2 Learning Objective: 11-02 Compute residual income and understand its strengths and weaknesses. 2. What is last year’s turnover? (Round your answer to 1 decimal place.) Assignment Print View http://ezto.mheducation.com/hm_accounting.tpx?todo=printviewSingle 4 of 30 4/19/2016 5:15 PM
Image of page 4
2. Last year’s turnover is: Turnover = Sales Average operating assets = $1,500,000 = 1.5 $1,000,000 Assignment Print View http://ezto.mheducation.com/hm_accounting.tpx?todo=printviewSingle 5 of 30 4/19/2016 5:15 PM
Image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
3. What is last year’s return on investment (ROI)? References Worksheet Learning Objective: 11-01 Compute return on investment (ROI) and show how changes in sales, expenses, and assets affect ROI. Foundational 11-3 Learning Objective: 11-02 Compute residual income and understand its strengths and weaknesses. 3. What is last year’s return on investment (ROI)? Assignment Print View http://ezto.mheducation.com/hm_accounting.tpx?todo=printviewSingle 6 of 30 4/19/2016 5:15 PM
Image of page 6
3. Last year’s return on investment (ROI) is: ROI = Margin × Turnover = 20% × 1.5 = 30% Assignment Print View http://ezto.mheducation.com/hm_accounting.tpx?todo=printviewSingle 7 of 30 4/19/2016 5:15 PM
Image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
4. What is the margin related to this year’s investment opportunity? References Worksheet Learning Objective: 11-01 Compute return on investment (ROI) and show how changes in sales, expenses, and assets affect ROI. Foundational 11-4 Learning Objective: 11-02 Compute residual income and understand its strengths and weaknesses. 4. What is the margin related to this year’s investment opportunity? Assignment Print View http://ezto.mheducation.com/hm_accounting.tpx?todo=printviewSingle 8 of 30 4/19/2016 5:15 PM
Image of page 8
4. The margin for this year’s investment opportunity is: Margin = Net operating income Sales = $48,000 = 16% $300,000 Assignment Print View http://ezto.mheducation.com/hm_accounting.tpx?todo=printviewSingle 9 of 30 4/19/2016 5:15 PM
Image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
5. What is the turnover related to this year’s investment opportunity? (Round your answer to 1 decimal place.) References Worksheet Learning Objective: 11-01 Compute return on investment (ROI) and show how changes in sales, expenses, and assets affect ROI.
Image of page 10
Image of page 11
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern