Compute Burton actual return on investment for the year

Assignment Help Managerial Accounting
Reference no: EM132927825

Problem - Investment Burton's Snowcones had the following results for the year:

Total sales $500,000 Operating income $2,000 Beginning assets invested $6,000 Ending assets invested $10,000 Desired ROI 8%

Compute Burton's actual return on investment (ROI) for the year.

Reference no: EM132927825

Questions Cloud

How do human resource information systems help : How can Human Resource Managers use HRIS in Pacific Island Organizations and benefit? Give relevant examples from the Pacific to explain your answer.
Importance and understanding of buyer decision processes : In the ongoing month of Ramazan with the lockdown situation all 'Fast Food' brands will try to reach consumers through various deals for home delivery.
How much should the land be recorded in the books : Current assessed values for the land and ' building, respectively are P4,500,000 and 7,000,000. How much should the Land be recorded in the books
Explain how dbms help us manage the data : What is data? Explain how DBMS help us manage the data. Explain the data organization by using payroll table in below image.
Compute Burton actual return on investment for the year : Total sales $500,000 Operating income $2,000 Beginning assets invested $6,000. Compute Burton's actual return on investment (ROI) for the year
How do calculate the depreciation value : There is some chaos that will occur in your business if you do not calculate the depreciation value. For sure, it will affect your business future heavily.
Implications of the policy clarifications : As HR-VP for the joint venture, you have a role to play in helping to clarify and implement the re-unified direction of the joint venture.
Compare and contrast lewins change model : Compare and contrast Lewins change model. The action research model and positive change model? Describe their strength and weaknesses
What are the projected total operating assets : Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. What are the projected total operating assets

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd