This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Tillamoke Company produces gourmet cheeses. Selected results from the most current year were as ... (Read 48 times)

shanell

  • Full Member
  • ***
  • Posts: 136
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
Buy Test-Bank


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
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.
Answer Preview
Only 29% of students answer this correctly


shanell

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

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

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 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Examples of the results of sexual selection, a type of natural selection. Examples of the results of sexual selection, a type of natural selection.
A comparison of selected species of bacteria and archaea. A comparison of selected species of bacteria and archaea.
Selected Specialty Supplements Selected Specialty Supplements
Selected Antitussives and Expectorants Selected Antitussives and Expectorants
Chelsea Donahue has a​ 20-year home mortgage of ​78,000 at​ 7.50% interest and will pay ... Chelsea Donahue has a​ 20-year home mortgage of ​78,000 at​ 7.50% interest and will pay ...
Selected examples of variability in eukaryotic promoters Selected examples of variability in eukaryotic promoters
Video: Cataract

For a complete list of videos, visit our video library