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Devry University
Jan-2008 - Jan-2011
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Devry University
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Regional Manager
Abercrombie & Fitch.
Mar-2005 - Nov-2010
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Abercrombie & Fitch.
Jan-2005 - Jan-2008
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Helton CorporationAc€?cs balance sheet indicates that the company has $200,000 invested in operating assets. During 2014, Helton earned operating income of $53,000 on $360,000 of sales. |
| Required |
| a. |
Compute HeltonAc€?cs profit margin for 2014. (Round your answer to 2 decimal places. (i.e., .2345 should be entered as 23.45).) |
| Â | Â |
| b. | Compute HeltonAc€?cs turnover for 2014. (Round your answer to 2 decimal places.) |
| Â | Â |
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| c. |
Compute HeltonAc€?cs return on investment for 2014. (Round intermediate calculations and final answer to 2 decimal places. (i.e., .2345 should be entered as 23.45).) |
| Â | Â |
| d. |
Recompute HeltonAc€?cs ROI under each of the following independent assumptions. (Do not round intermediate calculations. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).) |
| Â | Â |
| (1) |
Sales increase from $360,000 to $530,000, thereby resulting in an increase in operating income from $53,000 to $70,000. |
| (2) |
Sales remain constant, but Helton reduces expenses, resulting in an increase in operating income from $53,000 to $59,000. |
| (3) |
Helton is able to reduce its invested capital from $200,000 to $149,000 without affecting operating income. |
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