Cost Accounting - Ac 420 Unit 9 On this template you will...

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Ac 420 Unit 9 On this template you will find the following: Practice exercise 14-29 Assigned exercise 14-28 Practice problem 14-40 Assigned problem 14-39 Assigned problem 14-48 Practice exercise 18-22 Assigned exercise 18-21 Assigned exercise 18-32
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AC 420 Chapter 14 Practice exercise Ex 14-29 After-tax profits 2,260,000 Cost of capital 0.11 Market value of invested capital 8900000 979000 EVA 1,281,000
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AC 420 Unit 9 Name _________________________________ Assigned exercise 14-28 After-tax profits 4,375,000 Cost of capital 0.11 Market value of invested capital 29500000 3245000 EVA 1,130,000
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Practice exercise Problem 14-41 Sales 24000000 Less: Op exp 23160000 Actual income 840000 Beg assets 7400000 Ending assets 9900000 Total assets 17300000 Divide by 2 2 Avg assets 8650000 Income 840000 Divide by sales 24000000 Profit margin 0.035 Sales 24000000 Divide by avg assets 8650000 Asset turnover 2.7745665 Dept actual ROI: Asset turnover 2.77 Multiply by profit margin 0.035 Dept actual ROI 0.0970 Dept target ROI: Asset turnover 3 Multiply by profit margin 0.055 Dept target ROI 0.165 a. Missed profit margin by .165-.097 or .068 (6.8%) b. Must improve the profit margin. c.
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This note was uploaded on 11/14/2011 for the course AC420 420 taught by Professor Levine during the Fall '11 term at Kaplan University.

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Cost Accounting - Ac 420 Unit 9 On this template you will...

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