This topic contains a solution. Click here to go to the answer

Author Question: Tillamoke Company produces gourmet cheeses. Selected results from the most current year were as ... (Read 50 times)

shanell

  • Full Member
  • ***
  • Posts: 136
Tillamoke Company produces gourmet cheeses. Selected results from the most current year were as follows:

Sales revenue$3,500,000
Operating income 560,000
Average total assets5,000,000

Production manager, Melinda Penland, is investing the purchase of a new fermenting station that will increase the plant's production capacity. Based on her research, Melinda thinks the station would cost $140,000 and would increase sales revenue by $200,000 and operating profit by $32,000.

Required:

a.Calculate Tillamoke's current margin, asset turnover, and return on investment.
b.Calculate Tillamoke's margin, asset turnover, and return on investment assuming the
company purchases the new fermenting station.
c.Assume Melinda Penland's annual bonus is based on the company's return on
investment.
Will Melinda support the purchase of the new fermenting station? Why or why not?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by shanell on Feb 5, 2023

miro2222

  • Full Member
  • ***
  • Posts: 177
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




shanell

  • Member
  • Posts: 136
Reply 2 on: Feb 5, 2023
Gracias!


steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

For a complete list of videos, visit our video library