What were the average operating assets

Assignment Help Financial Accounting
Reference no: EM13828586

The Fulmar Division of Jayne manufacturing had an ROI of 25% when sales were $2 million and controllable margin was $400,000. What were the average operating assets?

$100,000

$1,600,000

$500,000

$8,000

Reference no: EM13828586

Questions Cloud

Review the listed projects by providing npv : Please review the listed projects by providing NPV, IRR, PBP, B/Cratio and do not forget social legitimacy needs and select the ones that should be brought to the attention of the owner for investment consideration.
Other industries are performing well are referred : Industries that generally perform well when other industries are performing well are referred to as:
What is the desired profit per unit : Larry Cable Inc. plans to introduce a new product and is using target cost approach. Projected sales revenue is $810,000 ($4.05 per unit) and target costs are $730,000, what is the desired profit per unit
Formula for computing the overhead volume variance : The formula for computing the overhead volume variance is
What were the average operating assets : The Fulmar Division of Jayne manufacturing had an ROI of 25% when sales were $2 million and controllable margin was $400,000. What were the average operating assets?
The formula for the labor price variance : The formula for the labor price variance is
Challenges of diversity by mary therese keating-biltucci : Article Review: The challenges of diversity by Mary Therese Keating-Biltucci
Bank statement was a credit memo for short-term : Accompanying the bank statement was a credit memo for a short-term note collected by the bank for the company.
Tyco international-leadership crisis : Case Study: Tyco International: Leadership Crisis Read the case study and answer the following questions:

Reviews

Write a Review

Financial Accounting Questions & Answers

  Elimination journal entries for consolidation

Elimination journal entries for consolidation at that date and calculation of non-controlling interest balance and consolidation worksheet

  Purpose the inventories section of the balance sheet

Purpose the inventories section of the balance sheet for December 31, 2009 for Danube. Purpose the inventories section of the balance sheet for December 31, 2009 for Annandale.

  Purchase effective 31st december 2010 zintel corporation

purchase effective 31st december 2010 zintel corporation proposes to issue extra shares of its common stock in exchange

  Consider that at the starting of the current year a company

consider that at the starting of the current year a company has a net gain-aoci of 60700000. at the same time assume

  Internal rate of return on investment in new limousine

Hayner Limos, Inc., is considering the purchase of a limousine that would cost $149,868, would have a useful life of 9 years, and would have no salvage value. The limousine would bring in cash inflows of $36,000 per year in excess of its cash operati..

  Addition would add value or distract investors

Explain your reaction to the idea that an auditor’s discussion and analysis, similar to management’s discussion and analysis, might accompany the standard audit report. Do you think such an addition would add value or distract investors? Why?

  Questionthe daytona company is involved in a 3-year

questionthe daytona company is involved in a 3-year long-term contract. the subsequent data relate to this

  Illustrate what journal entries would krause record

Illustrate what journal entries would Krause Co. record during the first year of the lease? (Include an amoritization schedule through 1/1/13 and round to the nearest dollar.)"

  Suppose management is considering offering credit sales

Suppose management is considering offering credit sales to customers but is unsure of what the generally accepted accounting principles are concerning uncollectible accounts receivables. You are the senior accountant, and management has asked for you..

  Determine product costs for external financial reports

Actual activity turns out to be the same as expected activity, the total amount of overhead cost allocated to Product X would

  Calculate any passive investment income penalty tax payable

Flint, an S corporation with substantial AEP, reports operating revenues of $410,000, taxable interest income of $390,000, operating expenses of $260,000, and deductions attributable to the interest of $150,000. Calculate any passive investment incom..

  Recorded as a sales-type lease by the lessor

In a lease that is recorded as a sales-type lease by the lessor, interest revenue:

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