San Diego Paints is a national paint manufacturer and retailer. The company is segmented into five divisions: Paint Stores (branded retail locations). Consumer paint sold through home improvement stores) Automotive (sales to auto manufacturers) International and Administration The following is selected divisional information for its two largest divisions: Paint Stores and Consumer (Click the icon to view the information.) Read the requirements Management has specified e 21% target rate of retum. Requirement 1. Calculate each division's ROI Round all of your answers to four decimal places Begin by selecting the formula to calculate return on investment (ROI), and then enter the amounts to calculate each division's ROI. (Round your calculations to four decimal places and enter your answer as a percent rounded to two decimal places, X.XX%) Requirement 2.Operating income Begin by selecting Target rate of return rounded to two der Total current liabilities tmargin ratio. Interpret your results. lit margin ratio and then enter the amounts to calculate each division's profil margin ratio (Enter each profit margin ratio as a percent Profit margin ratio Paint Stores % Consumer 96 The division is more profitable on each dollar of sales Requirement 3. Calculate each division's asset turnover ratio. Interpret your results. Begin by selecting the formula to calculate asset tumover ratio, and then enter the amounts to calculate each division's asset turnover ratio (Round your answers to four decimal places X.XXXX.)

Answers

Answer 1

Requirement 1: Return on investment (ROI) of Paint Stores =20.00% and Consumer=16.00%. Requirement 2: The Paint Stores division is more profitable on each dollar of sales, with a ratio of 20.00% compared to the Consumer division's ratio of 16.00%. Requirement 3.Asset turnover ratio of Paint Stores= 1.50 and Consumer=1.20

Requirement 1: The formula to calculate return on investment (ROI) is net operating income divided by total assets. Using the provided information, the ROI for each division is as follows:

Paint Stores: (24,000,000 / 120,000,000) x 100% = 20.00%

Consumer: (48,000,000 / 300,000,000) x 100% = 16.00%

Requirement 2: The target rate of return is 21%, and the total current liabilities are not provided. We cannot calculate the profit margin ratio. The provided profit margin ratios indicate that the Paint Stores division is more profitable on each dollar of sales, with a ratio of 20.00% compared to the Consumer division's ratio of 16.00%.

Requirement 3: The formula to calculate asset turnover ratio is net sales divided by total assets. Using the provided information, the asset turnover ratio for each division is as follows:

Paint Stores: (120,000,000 / 80,000,000) = 1.50

Consumer: (300,000,000 / 250,000,000) = 1.20

The results show that the Paint Stores division has a higher ROI and asset turnover ratio, indicating that it is more efficient at generating profits from its assets compared to the Consumer division. Both divisions have ROI below the target rate of 21%, indicating that they may need to improve their operational efficiency or increase their net operating income to meet management's expectations.

These ratios provide insight into the financial performance and efficiency of each division, which can help management make informed decisions regarding resource allocation and strategic planning.

Learn more about efficiency here:

https://brainly.com/question/23879464

#SPJ4


Related Questions

Today the individual investor is protected by the securities and exchange commission because the commission —.

Answers

Today the individual investor is protected by the securities and exchange commission because the commission aims to stop breaches of federal securities regulations through early detection of probable difficulties or concerns in the securities markets.

What is the role of the Securities and Exchange Commission?

In an attempt to encourage ethical business practices, the disclosure of critical market information, and the prevention of fraud, the Securities and Exchange Commission regulates securities exchanges, securities brokers and dealers, investment advisors, and mutual funds.

By looking into business misbehavior, it guards investors against investment fraud. It makes sure that the securities markets run smoothly and fairly. To assist the public in making wise investment decisions, it provides corporate information, such as quarterly reports and yearly financial statements.

Learn more about the Securities and Exchange Commission, here:

https://brainly.com/question/2596693

#SPJ1

Over 50% of Americans have no long-term savings. Why do you think it's so
difficult for so many people to save money? Explain your opinion.

Answers

Answer:

because they cant stop spending money

Explanation:

money is money

What is a government in regulatory bodies?

Answers

Answer:

A regulatory body also called regulatory agency is a public authority or a government agency which is accountable for exercising autonomous authority over some area of human activity in a regulatory or supervisory capacity.

Explanation:

What is a sales quote?

Answers

Answer:

Explanation:

A sales quote allows a prospective buyer to see the costs that will be involved for desired work.

a quote that sales i’m pretty sure

Did the entrepreneur(s) get a deal from at least one Shark?

Answers

Answer:

One entrepreneur struck an agreement on-air with a shark that never materialized, and another struck a bargain that the shark later backed out of.

Explanation:

please help, this is very simppleee!! ^^
Thomas is a broker who works at a large investment firm. His job is to research different stocks and make recommendations to his customers on which ones they should invest in. Which career cluster would Thomas’s job fall under?

A) Finance
B) Business management
D) STEM

*Pls don't scam me for points!!

Answers

The answer would be A.

Finance, career cluster, would Thomas’s job fall under. Thus, option (a) is correct.

What is job?

A “job” is a designation for working for a specific business. An opportunity for career advancement arises from the job. One could increase their income and gain experience by working. The job was the source of the income. They are the based on the earnings are the career cluster.

According to the Thomas’s job fall under are the based on the finance. It was the largest investment in the firm are the research are the stocks on the recommendations of the customer. It was the investing company are the related to the finance.

As a result, the finance, career cluster, would Thomas’s job fall under. Therefore, option (a) is correct.

Learn more about on job, here:

https://brainly.com/question/17205577

#SPJ2

Describe the individual and organizational barriers to effective communication. For each barrier, describe one action that a manager could take to reduce the problems caused by that barrier.

Answers

The Individual barriers to effective communication:

Language barriers: Differences in language or terminology can cause misunderstandings and misinterpretations. To reduce this barrier, managers can encourage employees to ask for clarification and provide language training if necessary.Perceptual barriers: Individual differences in perception can lead to misunderstandings and miscommunications. Managers can reduce this barrier by providing clear and concise messages, and encouraging employees to provide feedback and ask questions.

The process of communicating ideas, views, information, and facts in order to ensure that the message is received and understood with clarity and purpose is known as effective communication. It's important to comprehend the motivations and feelings that underlie the information. You must be able to speak clearly and listen clearly in order to fully understand what is being said and to make the other person feel heard and understood.

Learn more about effective communication: https://brainly.com/question/1285845

#SPJ11

Effective management of flows can drive improvements in all of the following areas except? A. Quality b. Increased warranty claims c. Lead time d. Capacity

Answers

Effective management of flows can drive improvements in all of the following areas except for increased warranty claims. Option b is correct.

The effective management of flows refers to a set of processes and methodologies for managing the flow of products and services throughout an organization. Effective management of flows can help businesses optimize their operations and reduce costs, improve quality, and enhance customer satisfaction by ensuring that products and services are delivered efficiently and effectively.

On the other hand, increased warranty claims are indicative of product or service issues and suggest a decrease in quality. Effective flow management aims to minimize defects and quality issues, so increased warranty claims would be considered a negative outcome that needs to be addressed and improved.

Overall, effective management of flows can drive improvements in quality, lead time, and capacity, but it is crucial to address and reduce warranty claims as they indicate a failure to meet quality standards and customer expectations.

Therefore, the correct answer to the given question is Increased warranty claims as the effective management of flows does not drive improvements in this area.

Option b is correct.

Learn more about Warranty claims: https://brainly.com/question/31600185

#SPJ11

Effective management of flows can drive improvements in all of the following areas except increased warranty claims.

What are flows?

In the context of Business management, flows refer to the physical and virtual movement of goods and information. The aim of effective management of flows is to optimize the flow of goods and information within an organization or company.

How can effective management of flows drive improvements in quality?

Effective management of flows can drive improvements in quality by ensuring that there is consistent and efficient movement of materials and information. This will minimize wastage, errors, delays, and disruptions, thus enhancing the quality of the product or service.

How can effective management of flows drive improvements in lead time?

Effective management of flows can drive improvements in lead time by eliminating bottlenecks, reducing waiting times, and ensuring that the right materials and information are available at the right place and time. This will enable the organization to deliver products or services faster and more reliably.

How can effective management of flows drive improvements in capacity?

Effective management of flows can drive improvements in capacity by enabling the organization to use its resources more efficiently and effectively. This can be achieved by optimizing the layout of the facility, scheduling operations, and balancing workloads.

What is the exception?

Effective management of flows can drive improvements in all of the following areas except increased warranty claims. Effective management of flows can help to reduce warranty claims by ensuring that products are designed, produced, and delivered according to customer needs and expectations and that they are reliable, durable, and safe.

To learn more about the Warranty, visit:

https://brainly.com/question/14227081

#SPJ11

Which of the following should show a profit in order for a financial institution to give a the company a loan

a) income statement
b) rent expense
c) accelerated depreciation
d) accounts receivable

Answers

Answer:

A I think not really sure hope this helps you

Income statement. So answer is A.


A financial institution that accepts deposits, makes loans, and provides other
financial services is a(n):

A. contractual institution.
B. depository institution.
C. fractional reserve institution.
D. investment institution.

Answers

Answer:

B. depository institution.

Explanation:

Depository financial institutions provide customers with a wide range of financial services. They accept customer's deposits, issue loans, process checks, facilitate local and international payment, among others.

Depository financial services comprise commercial banks that are profits oriented and not-for-profit institutions such as credit unions and thrift institutions. Commercial banks charge a higher interest rate on loan issued than credit unions. However, banks can issue bigger loans than credit unions.

Answer:it’s not B

Explanation:

Got wrong on A.P.E.X

What might be an advantage of using credit

Answers

it builds your credit
You can buy things immediately when you don’t have your own personal money, and pay it off later on.

the 2007–2009 recession was brought on when the federal reserve used excessive tightening of the money supply to solve the period of stagflation from 2004 to 2007. true/false

Answers

The 2007–2009 recession was brought on when the federal reserve used excessive tightening of the money supply to solve the period of stagflation from 2004 to 2007 is false.

Why is the statement not true?

The 2007-2009 recession, also known as the Great Recession, was primarily caused by the collapse of the housing market, which led to a financial crisis.

This was due to a combination of factors, including subprime mortgage lending, excessive risk-taking by financial institutions, and the securitization of mortgages.

The Federal Reserve's monetary policy during this period was not primarily focused on combating stagflation, and excessive tightening of the money supply was not the main cause of the recession.

To know more about stagflation visit:

https://brainly.com/question/29552947

#SPJ11

What is the most common way the Federal Reserve attempts to increase capital investment?
A.) lower tax rates
B.) increase buying bonds
C.) increase loanable funds
D.)lower interest rates

Answers

Answer:

D

Explanation:

If they lower interest rates. Consumers borrow and buy more making and increasing expansion of capital investments

Hope this helps

The Federal Reserve commonly attempts to increase capital investment by lowering interest rates, which makes borrowing more affordable and encourages businesses and individuals to invest and spend money.

The most common way the Federal Reserve attempts to increase capital investment is by D.) lowering interest rates. By reducing interest rates, the Federal Reserve aims to make borrowing more affordable for businesses and individuals, thereby encouraging them to invest and spend money.

Lower interest rates can incentivize businesses to take out loans for expansion, invest in new projects, and stimulate economic activity. This policy is a tool used to influence economic growth and investment within the country.

Learn more about capital investment here: brainly.com/question/30034557

#SPJ3

What is meant by marketing objectives?

Answers

Answer:

Marketing objectives are actionable targets designed to provide not just overall direction, but clear and specific actions. They are specific, measurable, attainable, relevant, and time-based (These are often called SMART goals, an acronym you've likely heard before!)

Which marketing component
addresses the outward-facing
message of the product?

A. Branding
B. Promoting
C. Pricing
D. Packaging

Answers

Answer: B

Explanation: I think it is B because it is when all customers are seeing and launching your product.

someone help i really need it !!!!

someone help i really need it !!!!

Answers

Answer:

Shoot, sorry, ik this was 3 days ago so my answer probably wont matter but you did give me point by letting me answer... Thanks!

Explanation:

:D

In which accounts does the business record the amounts, and where are these accounts assembled?
The business records related amounts in their respective accounts known as
book or collection called the

Answers

The general ledger is the account that the business records the amount that the collections are.

What is the general ledger?

The General Ledger contains all the accounts necessary to accurately reflect the financial transactions of a business, including assets, liabilities, equity, revenues, and expenses.

The accounts in the General Ledger are assembled into financial statements such as the balance sheet, income statement, and cash flow statement, which provide a summary of the financial health of the business.

Read more on general ledger here: https://brainly.com/question/1436327

#SPJ1

who is dixie damelio,noah beck and cole sprouse

Answers

Answer:

im pretty sure they are tiktokers if thats what youre asking?

Explanation:

I don't know

Answer dixie damelio is an American social media personality known for her videos on the social media platform TikTok. noah beck Before moving to LA to pursue TikTok, Noah played for the University of Portland's soccer team, the Portland Pilots, last year as a freshman. cole sprouse  is an American actor, known for his role as Cody Martin on the Disney Channel series The Suite Life of Zack & Cody and its spinoff The Suite Life on Deck and from the show called river dale is really good show


What is an example of a source of sales data?

Answers

Answer:

the second one

Explanation:

what are the benefits of traditional Technology​

Answers

Answer:

They dont cost like a thousand dollars.

Explanation:

Explanation:

They don't cost of thousand dollars.

Use the following check register for the month of april and the monthly account summary to a swer the following question:

Answers

The correct option is B, the month of April and the monthly account summary the reconciled balance in the checking account is $1027.

If we go by Bank account balance then reconciled balance should be $1105 less $78 outstanding check that comes to $1027.

If we go by Checking account balance then reconciled balance should be $1032 less $5 service charges that also comes to $1027

A reconciled balance refers to the final balance of an account after all transactions have been reviewed, compared, and adjusted between two parties, typically a company and a financial institution. This process is known as bank reconciliation, where a business verifies that the transactions recorded in their accounting system match the transactions processed by the bank.

The reconciled balance takes into account any outstanding transactions that have not yet been cleared, such as checks that have been written but not yet cashed, or deposits that have been made but not yet credited. The goal of bank reconciliation is to ensure that the account balance in the company's books is accurate and up-to-date, which helps to prevent overdrafts, minimize errors, and identify any fraudulent activity.

To learn more about Reconciled visit here:

brainly.com/question/28390711

#SPJ4

Complete Question:-

Use the following check register for the month of April and the monthly account summary to answer the following question:

What is the reconciled balance in the checking account?

a. $1032

b. $1027

c. $750

d. $1105

Discovering objections in the minds of potential buyers often takes place when the seller attempts to ____ the sale.

A. Close
B. Approach
C. Prospect
D. Present​

Answers

Answer:

D. Present​

Explanation:

Sales objection can be defined as a hindrance or an obstacle posed as questions or statements to a salesperson by a potential or prospective buyer (prospect), indicating his or her unwillingness to buy a product.

Generally, in the selling process, prospective or potential buyers may object to a service, producer, competitor, price, time, product etc.

Hence, discovering objections in the minds of potential buyers often takes place when the seller attempts to present the sale such as explaining the benefits attached to a product or demonstrating how to use the product.

Additionally, in order to convince a potential buyer or handle the objections raised during the presentation of a product, salespersons are usually advised to listen, respond, clarify, and respect rather than being defensive.

Answer:

d.

Explanation:

Which one of these statements is correct concerning the lease versus buy decision? A) A firm should always purchase an asset rather than lease it if the asset has a positive salvage value. B) If Dell Computer became a lessor of its own computers it would be doing direct leasing. OC) The lessor is primarily concerned with returning the asset at the end of the lease term without incurring any additional charges. OD) The lessee is primarily concerned about the use of the asset. OE) Dell Computer would be a captive finance company if it became a lessor of its own computers.

Answers

Option D is correct that the lessee is primarily concerned about the use of the asset.Concerning the lease versus buy decision, the following are the correct statements:Option A is incorrect as it is not always true that a company should purchase an asset rather than lease it if the asset has a positive salvage value.

Factors such as the time value of money, tax considerations, and the company's specific circumstances must be considered in deciding whether to lease or buy an asset.Option B is incorrect as Dell Computer cannot engage in direct leasing of its own computers since it is the manufacturer of the assets.Option C is partially correct. A lessor is concerned about the asset's residual value at the end of the lease term; however, the lessor may also be interested in additional charges incurred by the lessee such as maintenance costs.

Option D is correct as the lessee is primarily interested in the use of the asset during the lease term.Option E is incorrect as Dell Computer becoming a lessor of its own computers will not qualify it as a captive finance company. A captive finance company is an affiliate of a company that provides financing to customers to purchase the company's products or services.

To know more about salvage visit:

https://brainly.com/question/30271566

#SPJ11

Question 1 of 10: you are looking at two locations. traveling to downtown from location a involves 3 miles of backroads at 30 mph. traveling to downtown from location b involves 1 mile of backroads at 30 mph and 5 miles of highway at 60 mph. which location has the shorter trip to downtown?

Answers

The drive from location A to downtown includes a 3-mile back road at 30 MPH, so the drive from location A to downtown is shorter.

What does downtown mean?

Lower part of a town or municipality. Furthermore: A major business district or center of a city or municipality.

Why is it called downtown?

Downtown may originally have referred to a place closer to the water, lower, and closer to the water. In contrast to "uptown", "downtown" is further inland and higher. Manhattan may have inspired the concept.

Which city has the best downtown?

Best Downtown Cities in America: Boston, MA... Nashville, Tennessee. San Diego, California. Athens, Georgia. Chicago, Illinois. Boise, Idaho. Alexandria, Virginia. Burlington, Vermont.

To learn more about downtown visit:

https://brainly.com/question/12287304

#SPJ4

Lat year, Soren' return wa completed in BlockWork Online. How do you tart Soren' current-year return in BlockWork Online? (Select all that apply. )

Answers

An annual rate of return is the profit or loss on a one-year investment. There are numerous methods for calculating the annual rate of return. If the rate of return is calculated monthly.

Multiply it by 12 to get the annual rate of return. Block Management, a collaborative programme between private landowners and the FWP, assists landowners in managing calculating activities and provides free hunting access to private land, as well as adjacent or isolated public lands. The participation of landowners in block management is entirely voluntary. The annualised return differs from the average and reflects the true gain or loss on an investment, as well as the difficulty in recouping losses.

To lean more about  rate of return, click here.

https://brainly.com/question/24232401

#SPJ4

what happens to the apr after 10 months? it decreases to 0%. it increases to a variable rate of 10.99%, 15.99%, or 17.99%. the credit terms do not specify how the rate will change. there is no change to the interest rate.

Answers

After the 10-month introductory period with a 0% APR for purchases, the APR will change based on the individual's creditworthiness. Thus, option B is the correct option.

The specific APR will be determined by factors such as credit history, credit score, and overall creditworthiness. The provided options of 10.99%, 15.99%, or 17.99% indicate the potential range of APRs that could apply. The exact rate within this range will depend on the individual's credit evaluation.

It's important to note that the APR can also be influenced by the prevailing market conditions, particularly the Prime Rate. Therefore, after the initial 10-month period, the APR will be subject to adjustment based on the individual's creditworthiness and the Prime Rate.

Learn more about APR here:

https://brainly.com/question/4029900

#SPJ4

Probably the full question is:

Interest Rates and Interest Charges Annual Percentage Rate (APR) for Purchases 0% introductory APR for 10 months. After that, your APR will be 10.99%, 15.99%, or 17.99%, based on your creditworthiness. This APR will vary with the market, based on the Prime Rate. What happens to the APR after 10 months?

If you own a candy bar factory, the
"capital" for your factory would
include all of the following EXCEPT
which one?
A. The ingredients such as sugar and cream used in
making chocolate.
B. The machines that make the candy bars.
C. The employees who run the machines and
package the candy.
D. The rules and regulations that keep employees
and customers safe.

Answers

Answer:

C

Explanation:

Capital isn't the employees working, but the tools needed to help the employees work efficiently.

Answer:

A. The ingredients such as sugar and cream used inmaking chocolate.

Explanation:

individuals in different segments should have ______ within the segment and ______ across the segments.

Answers

Answer:

similarities; differences Is correct answer

Explanation:

individuals in different segments should have similarities within the segment and differences across the segments.

(Hope this helps can I pls have brainlist (crown)☺️)

wealth was created because the buyer's willingness to pay wasequal to the value of your willingness to sell.

Answers

The statement is true that wealth was created because the buyer's willingness to pay was equal to the value of your willingness to sell.

Wealth is the profusion of priceless material or monetary things which could be transformed into a format appropriate for commerce. The sum of all the valuable assets that an individual, group of people, business, or nation owns is measured as wealth. The overall market worth of all held tangible and intangible assets is calculated, and all debts are then subtracted. Wealth is mainly the aggregation of limited resources.

The highest amount a consumer is willing to pay for a good or product is known as willingness to pay, or WTP.

The question is incomplete, find the complete question here

wealth was created because the buyer's willingness to pay was equal to the value of your willingness to sell. True or false.

To learn more about Wealth here

brainly.com/question/17011735

#SPJ4

PLEASE HELP!!! What is the name for the highest amount a policyholder pays for deductibles, coinsurance, and co payments?
A. benefit maximum
B. coverage maximum
C. out-of-pocket maximum
D. premium maximum

Answers

C. Out-of-pocket maximum

Answer:

out of pocket

Explanation:

plato

Other Questions
Make short notes on followingHurricanesTyphonesCyclones What type of ions are commonly formed from halogens When did the fair housing act band discriminatory practices The graph of y=f(x)y=f(x) is the solid black graph below. Which function represents the dotted graph?1. y=-f(x+2)2. y=-f(x)-23. y=-f(x-2)4. y=-f(x)+2 PLS PLS HELP ME NO LINKS IF YOU GIVE ME RIGHT I WILL GIVE BRAINLIEST 50 POINTS!!!!!!!!! The adequacy of the __________ that children receive in the middle school years significantly affects their physical, social, and cognitive health. Veronica has two offers for a $65,000 student loan. The first loan has a 6.3% interest rate for 15 years, and the second loan has a 4.8% interest rate for 20 years. Both loans have interest compounded every month. Veronica is interested in finding the loan that minimizes the amount of interest that she will pay over the life of the loan. Which loan has a lower amount of interest paid? G-funk, or Gangsta-funk, is the name given to which rapper's sound? A. Tupac B. Puff Daddy C. Dr. Dre D. Notorious BIG Do Birds Really Abandon Their Chicks If Humans Touch Them? 25 points!! What is the common of B2B and B2c What is the slope of the line that contains these points? 7-4 skills practice solving logarithmic equations and inequalities1. 3x = log6 216 2. x - 4 = log3 243 3. log4 (4x - 20) = 54. log9 (3 - x) = log9(5x 15) 5. log81 (x + 20) = log81 (6x) 6. log9 (3x2) = log9 (2x + 1)7. log4(x - 1) = log4(12) 8. log7(5 - x) = log7 (5) 9. logx (5x) = 2 In Excel, Consider these three projects:Project A Project B Project CInvestment at n=0: $950,000 Investment at n=0: $878,000 Investment at n=0: $970,000Cash Flown = 1 $430,250 $380,000 $410,000n = 2 $287,500 $485,000 $250,500n = 3 $455,500 $350,750 $365,000n = 4 $445,000 $235,000 $280,750n = 5 $367,000 $330,000 $313,500 IMG World of Adventures sold 350 children's tickets last month . If this made up 12.5% of its yearly children's ticket sales, how many children's tickets did IMG World of Adventures sell all year? (WRITE ONLY THE NUMBER) Write and solve an equation to find the value of x.THEN Using your answer, find the perimeter of the triangle. xShare something new about the Hispanic Culture. How is it usefulto you? Write at least 5 complete sentences. Gravity is the highest grossing film of all time is an opinion or fact? what is the characterized of business with explanation plz help fast PLZ HELP FASTWhich statement best describes what occurred within Christianity in 1054?An agreement between the pope and the patriarch made the church stronger.Two churches were combined to create a single, unified religion.A split within the church resulted in the creation of two separate churches.Multiple smaller churches were created after the pope was removed from power. the risk factor of each risk, determined during perform qualitative risk analysis, is derived by ______ the probability and the consequence (impact).