Reference no: EM131673442
Question: ROI and RI. (D. Kleespie, adapted) The Sports Equipment Company produces a wide variety of sports equipment. Its newest division, Golf Technology, manufactures and sells a single product- AccuDriver, a golf club that uses global positioning satellite technology to improve the accuracy of golfers' shots. The demand for AccuDriver is relatively insensitive to price changes. The following data are available for Golf Technology, which is an investment center for Sports Equipment:
Total annual fixed costs $26,000,000
Cariable cost per AccuDriver $ 600
Number of AccuDriver sold each year 170,000
Average operating assets invested in the division $46,000,000
1. Compute Golf Technology's ROI if the selling price of AccuDrivers is $800 per club.
2. If management requires an ROI of at least 25% from the division, what is the minimum selling price that the Golf Technology Division should charge per AccuDriver club?
3. Assume that Sports Equipment judges the performance of its investment centers on the basis of RI rather than ROI. What is the minimum selling price that Golf Technology should charge per AccuDriver if the company's required rate of return is 20%?
Definition of social stratification
: Compare and contrast the daily living standards for those living in High Income, Middle Income, and Low Income nations.
|
Multimillion dollar fraud schemes
: Using the article, "Atlanta Man Convicted by Jury for Multimillion Dollar Fraud Schemes,"
|
Write a brief contextual analysis of your theme
: Write a brief contextual analysis of your theme looking both at the past and the present. Seek out the larger sociological, religious, and political concepts.
|
Evaluate the performance of your forecast
: Evaluate the performance of your forecast and compare it with the method currently being sued.
|
Compute golf technology roi
: ROI and RI. (D. Kleespie, adapted) The Sports Equipment Company produces a wide variety of sports equipment. Its newest division, Golf Technology, manufactures.
|
Define human resource development
: What did you find most interesting in human resources? Define Human Resource Development.
|
Find an empirical article and use the steps to analyze
: Find an Empirical article and use these steps to analyze the article : Selecting a Topic ,Defining the Problem ,Reviewing the Literature etc.
|
The most common tests used in employment
: describe three of the most common tests used in employment.
|
Explain how the human resource department interacts
: explain how the human resource department interacts with the organization in the attainment of its goals.
|