Examlex

Solved

La Mesa Stores Has the Following Data for Its Two

question 28

Essay

La Mesa Stores has the following data for its two divisions for the year:  Uno  Dos  Revenues $6,000,000$18,000,000 Cost of sales 3,769,5009,400,000 Allocated comorate overhead 400,0001,200,000 Other general & administration 772,0005,700,000 Return on Investment 14%12%\begin{array} { | l | r | r | } \hline & \text { Uno } & \text { Dos } \\\hline \text { Revenues } & \$ 6,000,000 & \$ 18,000,000 \\\hline \text { Cost of sales } & 3,769,500 & 9,400,000 \\\hline \text { Allocated comorate overhead } & 400,000 & 1,200,000 \\\hline \text { Other general \& administration } & 772,000 & 5,700,000 \\\hline \text { Return on Investment } & 14 \% & 12 \% \\\hline\end{array}
Required:
a.Compute divisional operating income for each of the divisions.Assume taxes are 35%.b.Calculate the profit margin ratio for each division.c.Calculate the asset turnover for each division.

Understand the tactics organizations can employ to make their benefits offerings more cost-effective without reducing their appeal.
Understand the legal framework and requirements affecting employee benefits and independent contractor classifications.
Recognize strategies for effectively communicating the value of employee benefits to enhance organizational competitiveness.
Identify common misunderstandings employees have about their benefits and strategies to address these issues.

Definitions:

Associative Property

A mathematical rule stating that the way in which numbers are grouped in operations does not change their result.

Multiplication

A mathematical operation where a number is added to itself a certain number of times.

Decimal Places

The number of digits to the right of the decimal point in a number, determining its precision.

Additive Inverse

The number that when added to the original number, yields zero.

Related Questions