Examlex

Solved

Seaside Enterprises Has the Following Data for Its Three Divisions

question 24

Essay

Seaside Enterprises has the following data for its three divisions for the year:  SB  TH  GMA  Revenues $1,200,000$3,800,000$2,800,000 Cost of sales 769,5001,900,0001,400,000 Allocated comorate  overhead 72,000228,000210,000 Other general &  administration 158,5001,100,0001,100,000\begin{array} { | l | r | r | r | } \hline & \text { SB } & \text { TH } & \text { GMA } \\\hline \text { Revenues } & \$ 1,200,000 & \$ 3,800,000 & \$ 2,800,000 \\\hline \text { Cost of sales } & 769,500 & 1,900,000 & 1,400,000 \\\hline \begin{array} { l } \text { Allocated comorate } \\\text { overhead }\end{array} & 72,000 & 228,000 & 210,000 \\\hline \begin{array} { l } \text { Other general \& } \\\text { administration }\end{array} & 158,500 & 1,100,000 & 1,100,000 \\\hline\end{array}
Required:
a.Compute divisional operating income for each of the divisions.Assume taxes are 30%.b.Calculate the gross margin ratio for each division.c.Calculate the operating margin ratio for each division.d.Calculate the profit margin ratio for each division.


Definitions:

Ovulation

The process by which the ovaries release one ovum (egg) approximately every 28 days.

Herpes Simplex 2

A viral infection primarily causing genital herpes, characterized by painful blisters and sores in the genital area.

Natural Childbirth

The process of delivery without the use of medical interventions like drugs or surgical procedures.

Fatal Results

Outcomes of a situation, procedure, or illness that result in death.

Related Questions