Reference no: EM131697297
Question: Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year:
Sales $980,000
Less: Variable expenses 670,000
Contribution margin $310,000
Less: Fixed expenses 172,800
Operating income $137,200
At the beginning of last year, Elway had $44,500 in operating assets. At the end of the year, Elway had $33,900 in operating assets.
Required: 1. Compute average operating assets.
2. Compute the margin and turnover ratios for last year.
3. Compute ROI.
4. Conceptual Connection: Briefly explain the meaning of ROI.
5. Conceptual Connection: Comment on why the ROI for Elway Company is relatively high (as compared to the lower ROI of a typical manufacturing company).
|
Problem reflect a meaningful gap in the research literature
: Identify a possible research approach that is appropriate for the tentative topic identified in the problem statement, along with any initial thoughts on method
|
|
Five years the investment
: They receive $1,200/year for five years and at the end of the five years the investment is sold and you receive $150,000. What is the IRR?
|
|
Describe an important problem faced by society today
: Select and describe an important problem faced by society today. Once you have selected your problem, be prepared to address the following in your presentation.
|
|
Compute the margin and turnover ratios
: Margin, Turnover, Return on Investment Pelak Company had sales of $30,000,000, expenses of $27,600,000, and average operating assets of $6,000,000.
|
|
Compute the margin and turnover ratios for last year
: Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year.
|
|
Identify a research variable within the problem
: Identify the name and description of the selected company. Describe the problem at that company. Analyze why the business problem is important.
|
|
How does the article relate to previous research in field
: How does the article relate to previous research in the field? What implications does this theory have for future research?
|
|
Describe the four functions of management
: How can a SWOT analysis help a company develop a strategic plan that will be successful?
|
|
Research and describe the companys service design
: Research and describe the company's service design and conclude whether it is effective for the company.
|