Homework Answers
Return on Assets = Net Income / Total Assets
= $ 5.4 billion / $ 90 Million
= 6.0%
Answer : 6.0%
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In 2020, Bramble Corp.reported net income of $5.4 billion, net sales of $165 billion, and average...
For 2022, Ayayai Corp.reported net income of $37000, net sales $407500, and average share outstanding of...
For 2022, Ayayai Corp.reported net income of $37000, net sales $407500, and average share outstanding of 15000. No preferred dividends were paid. Earnings per shares O $0.66 O $25.22 O $0.31 • $2.47
For 2017, Bramble Corp.reports beginning of the year total assets of $893000, end of the year...
For 2017, Bramble Corp.reports beginning of the year total assets of $893000, end of the year total assets of $1070000, net sales of $920000, and net income of $274820. The rate of return on assets for Bramble in 2017 is 030.8 %, o 25.7 % 28.0 % 24.0% In 2017, Vaughn Manufacturing reported net income of $6.3 billion, net sales of $160 billion, and average total assets of $65 billion. What is Vaughn Manufacturing's asset turnover? o 25 times o...
Bramble, Inc., reported the following results for last year. Net operating income Sales revenue Average operating...
Bramble, Inc., reported the following results for last year. Net operating income Sales revenue Average operating assets Liles Division Marston Division Outland Division $116,000 $54,700 $337,000 600,000 150,000 1,200,000 1,042,000 300,000 1,520,000 (a) Calculate margin for each division. (Round answers to 1 decimal place, e.g. 5.1%) Margin Liles % Marston Outland Which division generates the highest margin? (b) Calculate ROI for each division. (Round answers to 1 decimal place, e.g. 5.1%) Return on Investment Liles Marston Outland If the divisions...
Given the following data: Average operating assets Total liabilities Sales Contribution margin Net operating income $512,000...
Given the following data: Average operating assets Total liabilities Sales Contribution margin Net operating income $512,000 $ 46,080 $384,000 $215,040 $ 46,080 Return on investment (ROI) is: o 12.0% o 9.0% o 56.0% BR Company has a contribution margin of 11%. Sales are $530,000, net operating Income is $58,300, and average operating assets are $137.000. What is the company's return on investment (ROI? Multiple Choice Ο Ο Ο Last year a company had sales of $370,000, a turnover of 2.6,...
A company reported net income of $225,000, net sales of $2,500,000, and average total assets of...
A company reported net income of $225,000, net sales of $2,500,000, and average total assets of $2,100,000 for the current year. Calculate this company's profit margin, total asset turnover, and return on total asset
Bramble Corporation had net sales revenue of $5,840,000 and investment revenue of $224,000 for the year...
Bramble Corporation had net sales revenue of $5,840,000 and investment revenue of $224,000 for the year ended December 31, 2020. Other items pertaining to 2020 were as follows: Cost of goods sold Salaries and wages expense (sales) Advertising expense Entertainment expense Selling expenses $4,610,000 379,000 126,000 76,000 581,000 Salaries and wages expense (administrative) Rent expense Utilities expense Administrative expenses 293,000 106,000 45,000 444,000 Increase in value of company reputation Unrealized gain on value of patents Interest expense Income tax expense...
Condensed financial data of Bramble Corp. follow. Bramble Corp. Comparative Balance Sheets December 31 Assets 2020...
Condensed financial data of Bramble Corp. follow. Bramble Corp. Comparative Balance Sheets December 31 Assets 2020 Cash $114,700 Accounts receivable 92,400 Inventory 111,400 Prepaid expenses 29,400 Investments 140,900 Equipment 265,600 Accumulated depreciation-equipment (46,300) Total $708,100 2019 $48,900 33,100 101,200 25,500 114,000 241,300 (52,600) $511,400 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Bonds payable Common stock Retained earnings Total $111,500 16,500 114,000 219,000 247.100 $708,100 $67,200 17,200 149.000 175,500 102,500 $511,400 $392,300 Bramble Corp. Income Statement For the Year...
The 2021 income statement for Anderson TV and Appliance reported net sales of $360,000 and net...
The 2021 income statement for Anderson TV and Appliance reported net sales of $360,000 and net income of $85,000. Average total assets for 2021 was $800,000. Shareholders’ equity at the beginning of the year was $500,000 and $40,000 was paid to shareholders as dividends. There were no other shareholders’ equity transactions that occurred during the year. Show the DuPont framework's calculation of the three components of the 2021 return on equity for Anderson TV and Appliance. Profit Margin (%) Choose...
The profit margin measures net income per dollar of sales. 1 a. True b. False Ryngard...
The profit margin measures net income per dollar of sales. 1 a. True b. False Ryngard Corp's sales last year were $42,000, and its total assets were $16,000. What was its total assets turnover ratio (TATO)? a. 2.68 - O b. 2.63 O c. 2.31 o d. 3.15 oo e. 2.36 Song Corp's stock price at the end of last year was $16.75 and its earnings per share for the year were $1.30. What was its P/E ratio? O a....
Required: a. Firm D has net income of $24,400, sales of $930,000, and average total assets...
Required: a. Firm D has net income of $24,400, sales of $930,000, and average total assets of $545,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has net income of $79,000, sales of $1,100,000, and ROI of 14%. Calculate the firm's turnover and average total assets. c. Firm F has ROI of 12.60%, average total assets of $1,759,800, and turnover of 1.80. Calculate the firm's sales, margin, and net income. Complete this question by entering your answers in...
For 2022, Ayayai Corp.reported net income of $37000, net sales $407500, and average share outstanding of 15000. No preferred dividends were paid. Earnings per shares O $0.66 O $25.22 O $0.31 • $2.47
For 2017, Bramble Corp.reports beginning of the year total assets of $893000, end of the year total assets of $1070000, net sales of $920000, and net income of $274820. The rate of return on assets for Bramble in 2017 is 030.8 %, o 25.7 % 28.0 % 24.0% In 2017, Vaughn Manufacturing reported net income of $6.3 billion, net sales of $160 billion, and average total assets of $65 billion. What is Vaughn Manufacturing's asset turnover? o 25 times o...
Bramble, Inc., reported the following results for last year. Net operating income Sales revenue Average operating assets Liles Division Marston Division Outland Division $116,000 $54,700 $337,000 600,000 150,000 1,200,000 1,042,000 300,000 1,520,000 (a) Calculate margin for each division. (Round answers to 1 decimal place, e.g. 5.1%) Margin Liles % Marston Outland Which division generates the highest margin? (b) Calculate ROI for each division. (Round answers to 1 decimal place, e.g. 5.1%) Return on Investment Liles Marston Outland If the divisions...
Given the following data: Average operating assets Total liabilities Sales Contribution margin Net operating income $512,000 $ 46,080 $384,000 $215,040 $ 46,080 Return on investment (ROI) is: o 12.0% o 9.0% o 56.0% BR Company has a contribution margin of 11%. Sales are $530,000, net operating Income is $58,300, and average operating assets are $137.000. What is the company's return on investment (ROI? Multiple Choice Ο Ο Ο Last year a company had sales of $370,000, a turnover of 2.6,...
Bramble Corporation had net sales revenue of $5,840,000 and investment revenue of $224,000 for the year ended December 31, 2020. Other items pertaining to 2020 were as follows: Cost of goods sold Salaries and wages expense (sales) Advertising expense Entertainment expense Selling expenses $4,610,000 379,000 126,000 76,000 581,000 Salaries and wages expense (administrative) Rent expense Utilities expense Administrative expenses 293,000 106,000 45,000 444,000 Increase in value of company reputation Unrealized gain on value of patents Interest expense Income tax expense...
Condensed financial data of Bramble Corp. follow. Bramble Corp. Comparative Balance Sheets December 31 Assets 2020 Cash $114,700 Accounts receivable 92,400 Inventory 111,400 Prepaid expenses 29,400 Investments 140,900 Equipment 265,600 Accumulated depreciation-equipment (46,300) Total $708,100 2019 $48,900 33,100 101,200 25,500 114,000 241,300 (52,600) $511,400 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Bonds payable Common stock Retained earnings Total $111,500 16,500 114,000 219,000 247.100 $708,100 $67,200 17,200 149.000 175,500 102,500 $511,400 $392,300 Bramble Corp. Income Statement For the Year...
The profit margin measures net income per dollar of sales. 1 a. True b. False Ryngard Corp's sales last year were $42,000, and its total assets were $16,000. What was its total assets turnover ratio (TATO)? a. 2.68 - O b. 2.63 O c. 2.31 o d. 3.15 oo e. 2.36 Song Corp's stock price at the end of last year was $16.75 and its earnings per share for the year were $1.30. What was its P/E ratio? O a....
Required: a. Firm D has net income of $24,400, sales of $930,000, and average total assets of $545,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has net income of $79,000, sales of $1,100,000, and ROI of 14%. Calculate the firm's turnover and average total assets. c. Firm F has ROI of 12.60%, average total assets of $1,759,800, and turnover of 1.80. Calculate the firm's sales, margin, and net income. Complete this question by entering your answers in...
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