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Author Question: Cleopatra Corporation's Lingerie division has a segment margin of $729,000 and net sales revenue of ... (Read 40 times)

fungirl

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Question 1

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 ROI?
◦ 10%
◦ 30%
◦ 15%
◦ 12%

Question 2

Cleopatra Corporation's Lingerie division has a segment margin of $729,000 and net sales revenue of $5,400,000 for the current reporting period. Average total assets for the period were $3,375,000. The division manager is considering implementing a new inventory system which would reduce inventory by $675,000. Assuming no change in sales or segment margin, the projected ROI with the reduction in inventory would be
◦ 20%.
◦ 13.5%.
◦ 21.6%.
◦ 24%.


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Marked as best answer by fungirl on Feb 5, 2023

kaynelson17

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fungirl

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


kilada

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Reply 3 on: Yesterday
Wow, this really help

 

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