23(08)-5B_9e - Income from operations 2. Rate of return on...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Problem 23(08)-5B Name: Section: Enter the appropriate amount or label in the shaded cells below. A red asterisk (*) will appear to the right of, above, or below an incorrect amount in the outlined cells. 1. CANTOR-SIMMONS CYCLE COMPANY Divisional Income Statements For the Year Ended December 31, 2008 Sales Cost of goods sold Gross profit Operating expenses
Background image of page 1

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

View Full DocumentRight Arrow Icon
Background image of page 2
Background image of page 3

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

View Full DocumentRight Arrow Icon
Background image of page 4
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Income from operations 2. Rate of return on = Profit margin x Investment turnover investment (ROI) Rate of return on = x investment (ROI) Road Bike Division: ROI = x = Mountain Bike Division: ROI = x = 3. Road Bike Division residual income: Mountain Bike Division residual income: 4. Road Bike Division Mountain Bike Division...
View Full Document

This note was uploaded on 10/22/2010 for the course BUSINESS BAIU09 taught by Professor Mr.ken during the Spring '10 term at American InterContinental University Dunwoody.

Page1 / 4

23(08)-5B_9e - Income from operations 2. Rate of return on...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online