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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 40 times)

stananza

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on: Feb 5, 2023

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
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by stananza on Feb 5, 2023

as4309

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Reply #1 on: Feb 5, 2023
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.
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stananza

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Reply 2 on: Feb 5, 2023
Excellent

raili21

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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