For 2012, Division a of Peoria Company Reported Operating Assets

question 106

Essay

For 2012, Division A of Peoria Company reported operating assets of $8,500,000, revenues of $6,800,000, and operating expenses of $5,760,000. The company has established a target return on investment (ROI) of 14% for the division.
Required:
a) Calculate the 2012 ROI for the division. Did the division achieve its target ROI for the year?
b) For 2013, Division A managers expect that its operating assets will stay at about the same level as for 2012. Variable expenses for 2012 were $4,080,000, and the remaining expenses were fixed. The managers expect that the contribution margin ratio for 2013 will be the same as for 2012 and that the amount of fixed expenses will not change. To what level must sales increase in 2013 to achieve the target ROI?

Explain the importance of fairness in establishing principles of justice according to Rawls.

Discuss the role of ordinary men and women in Rawls's societal model.

Describe the difference principle and its implications for equality and inequality.

Recognize the significance of institutions in teaching morality as per Rawls.

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Definitions:

Basic Needs

Fundamental requirements necessary for individuals to maintain a minimal standard of well-being, typically including food, water, shelter, and clothing.

Meals Assistance

The provision of help with food preparation and feeding for individuals who are unable to do so themselves due to physical or cognitive limitations.

Family Nutrition

The study and practice of planning and consuming a balanced diet to ensure optimal health and wellbeing for all family members, considering their diverse nutritional needs.

Community Resources

Various forms of support and assistance available within a community, such as libraries, healthcare facilities, and support groups.