What is Northern Divisions return on sales

Assignment Help Accounting Basics
Reference no: EM132493939

Question - Northern Division reported the following results for 2014:

Annual Sales P500,000

Net earnings 80,000

Investment 250,000

What is Northern Division's return on sales?

a. 16%

b. 20%

c. 25%

Reference no: EM132493939

Questions Cloud

Standard style of documentation for written reports : Why do most schools and businesses require some standard style of documentation for written reports?
Process of computing the mst of a graph : Suppose in the process of computing the MST of a graph with 17 vertices via Kruskal's algorithm we have obtained connected components having sizes
Determine how much of monthly paycheck : Determine How much of your monthly paycheck you should put aside for this trip to have $4,000 by the end of 3 years? Assume that your monthly interest rate
Calculate the ratios for each year : Calculate the following ratios for each year during the period 1980-1983. Comment on the trend indicated by each ratio with respect to the financial performance
What is Northern Divisions return on sales : Northern Division reported the following results for 2014: Annual Sales P500,000. What is Northern Divisions return on sales
Two major challenges in the problem of text analysis : 1. What are the two major challenges in the problem of text analysis?
How long would have to wait for balance : How long would you have to wait for your balance to become $120,000? (Calculate the number of periods. It's ok if you don't get an integer.)
Business continuity plans and it disaster recovery plans : What are the differences between business continuity plans and IT disaster recovery plans? Why is it important to differentiate the two?
What was the return on assets : You are assigned to put together a financial report. You have found the return on equity to be 12% and the debt ratio was 0.40. What was the return on assets

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate pope enterprises

Pope reported cost of goods sold of $925,000.

  Following are butler realty corporations accounts

following are butler realty corporations accounts identified by number. the company has been in the real estate

  Do you approve or disapprove of dobbss manner of deciding

Do you approve or disapprove of Dobbs's manner of deciding when to ship goods to customers and record the sales revenue? If you approve, give your reason.

  Prepare the journal entries

O'Brien Vineyards recorded the following transactions for the month just completed. Please prepare the journal entries

  Problem regarding the materiality

Jane Erving, a newly hired accountant wanting to impress her boss, stayed late one night to ana- lyze the long-distance calls by area code and time of day placed. She determined the monthly cost for the previous 12 months by hour and area code cal..

  Cost of equity dcf

Cost of Equity: DCF, Summerdale Resort’s common stock is currently trading at $36 a share. The stock is expected to pay a dividend of $3.00 a share at the end of the year (D1 =$3.00), and the dividend is expected to grow at a constant rate of 5% a ye..

  Selected financial information is shown below additionally

selected financial information is shown below. additionally we know that cash dividends declared and paid during year 2

  For each item shown below classify it as a product cost or

1.the following cost items relate to the brock company. classify each cost as a variable cost a fixed cost or a mixed

  Prepare a schedule that shows the net cash flow

Ballard Co. reported $145,880 of net income for 2014. Prepare a schedule that shows the net cash flow from operating activities using the indirect method

  Why inherent risk set for audit objective for segment

What is the effect on the amount of evidence the auditor must accumulate when inherent risk changes from medium to high for an audit objective?

  Bank and in return signs an installment note

Use Table B.3 in Appendix B to compute the amount of the annual payment for each of the following annual market rates:

  Prepare journal entries to record all transactions

The contributed equity of Logan Dairy Limited as at 1st January 2016 was $2,000,000 consisting of 1,000,000 ordinary shares issued at a price of $2 per ordinary share. Prepare journal entries (without narrations) to record all transactions for the ..

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