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Author Question: Tillamoke Company produces gourmet cheeses. Selected results from the most current year were as ... (Read 22 times)

shanell

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

miro2222

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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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shanell

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Reply 2 on: Feb 5, 2023
Excellent

komodo7

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

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