Determine the return on investment

Assignment Help Managerial Accounting
Reference no: EM133019182

Question - The following data are available for Segment A of ABC Company:

Net income of the segment $50,000

Contribution to indirect expenses 40,000

Controllable income by manager 48,000

Assets directly used by the manager 360,000

Assets under the control of the segment manager 240,000

Determine the return on investment for evaluating (a) the income performance of the manager of Segment A and (b) the rate of income contribution of the segment.

Reference no: EM133019182

Questions Cloud

Explain the roles of the players included : Write a journal response and explain the roles of the players included in the restorative justice process. Discuss the value and challenge of the players
What will Breakeven Inc stocks Price per Share : Tej's Custom Car Switch Company is trying to figure out if they should buy Breakeven Inc. stock. What will Breakeven Inc stocks Price per Share
What is the expected selling price : Problem - The selling price of one US dollar is Php. 50.00. What is the expected selling price of a US dollar in Philippine peso after three days
What was the total cash collected from all customers : Beginning Accounts Receivable was $360,000 and ending Accounts Receivable was $475,000. What was the total cash collected from all customers during the year
Determine the return on investment : Determine the return on investment for evaluating (a) the income performance of the manager of Segment A and (b) the rate of income contribution of the segment
How much is the share of B in the profit : The partnership reported profit of 60,000 for the year, net of salaries, bonus and interest. How much is the share of B in the profit
What is the answer in selecting a franchise worksheet : What is the answer in selecting a franchise worksheet?
Calculate the maturity value of the note : A $20,000 promissory note is issued on June 12 for a five-month term carrying an annual interest rate of 5.5%. Calculate the maturity value of the note
What is the market price of this bond : The yield to maturity is 6.71% and the maturity date is 7 years from today. What is the market price of this bond if the face value is $1,000

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