Examlex

Solved

Eikelberry, Inc Required:
Calculate Return on Investment (ROI), Asset Turnover (AT), and Three

question 33

Essay

Eikelberry, Inc.has the following financial results for 2019 for its three regional divisions:
 Current Cost  Net Book Gross Replacement Liquidation  Region  Income Value Book Value Cost Value  FINANCIAL DATA  North Atlantic $45,000$225,000$450,600$990,000$350,000 Mid Atlantic 33,000289,000310,000380,000445,000 South Atlantic 22,000115,000166,000650,000980,000\begin{array}{lrrrrr}&&&&\text { Current Cost }\\&&\text { Net Book }&\text {Gross }&\text {Replacement}&\text { Liquidation }\\\text { Region }&\text { Income}&\text { Value }&\text {Book Value }&\text {Cost }&\text {Value }\\\text { FINANCIAL DATA }\\\text { North Atlantic } & \$ 45,000 & \$ 225,000 & \$ 450,600 & \$ 990,000 & \$ 350,000 \\\text { Mid Atlantic } & 33,000 & 289,000 & 310,000 & 380,000 & 445,000 \\\text { South Atlantic } & 22,000 & 115,000 & 166,000 & 650,000 & 980,000\end{array} Required:
Calculate return on investment (ROI), asset turnover (AT), and return on sales (ROS) for each of the three divisions for 2019. The sales in the North, Mid and South Atlantic regions are $2,350,000, $1,450,000, and $500,000, respectively. Calculate ROI and asset turnover (AT) for each of the four measures of investment (i.e., for each of four possible denominators in determining ROI and AT). Round all answers except ROI to 2 decimal places, e.g., round 0.12487 to 12.49%. Round ROI to whole percentage amounts, e.g., 0.1998 to 20%.


Definitions:

Psychological Dependence

A form of dependence characterized by an emotional or psychological need for a substance or behavior, often lacking physical symptoms of withdrawal.

Examples

Specific instances or cases used to illustrate a point, clarify a concept, or provide evidence in support of an argument or discussion.

Theories Of Dreams

Various psychological interpretations of dreams, ranging from Freud's view of them as wish fulfillment to more modern theories suggesting they assist in memory formation, problem-solving, and emotional regulation.

Compare And Contrast

To identify the similarities and differences between two or more subjects.

Related Questions