11-15ROIandRI.xlsx - Cash Accounts Rec Inventory Plant and...

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Beginning Balances ending Balances Cash $ 140,000 $ 120,000 Accounts Rec $ 450,000 $ 530,000 Inventory $ 320,000 $ 380,000 Plant and equiptment $ 680,000 $ 620,000 total operating assests $ 1,590,000 $ 1,650,000 Income Statement Sales $ 4,050,000 operating expenses $ 3,645,000 net operating income $ 405,000 interest and taxes interest expense $ 150,000 tax expense $ 110,000 $ 260,000 net income $ 145,000 Margin 10% Turnover $ 2 ROI 17% Average operating assests $ 2,415,000
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Chapter 11: Applying Excel Data Sales $ 4,050,000 Net operating income
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