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Author Question: Breton Corporation's Longboat division's segment margin as a percentage of net sales is 12% for the ... (Read 45 times)

stananza

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Question 1

Ronaldi Corporation's Port division has a segment margin of $400,000 and net sales revenue of $4,400,000 for the current reporting period. The division has an asset turnover of 1.5. What is the division's ROI?
◦ 13.2%
◦ 13.6%
◦ 11%
◦ The answer cannot be determined from the information given.

Question 2

Breton Corporation's Longboat division's segment margin as a percentage of net sales is 12% for the current reporting period. The division has net sales revenue of $2,500,000. Operating assets were $800,000 at the beginning of the period and $1,200,000 at the end. What is the division's asset turnover?
◦ 2.08
◦ 3.13
◦ 2.8
◦ 2.5


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Marked as best answer by stananza on Feb 5, 2023

as4309

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stananza

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Reply 2 on: Feb 5, 2023
Excellent


jomama

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Reply 3 on: Yesterday
:D TYSM

 

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