14-05Pr_5e

14-05Pr_5e - Operating expenses Income from operations 2....

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Problem 14-5 Name: Section: Score: 0% Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) will appear in the row immediately to the right of an incorrect answer. 1. RUCKER-PUTNAM BIKE COMPANY Divisional Income Statements For the Year Ended December 31, 2010 Sales Cost of goods sold Gross profit
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
This is the end of the preview. Sign up to access the rest of the document.

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

Page1 / 3

14-05Pr_5e - Operating expenses Income from operations 2....

This preview shows document pages 1 - 3. Sign up to view the full document.

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