Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 28 Jan 2018 My Price 7.00

Soto Corporation

Problem 15-23      Return on investment

Soto Corporation’s balance sheet indicates that the company has $300,000 invested in operating assets. During 2011, Soto earned operating income of $45,000 on $600,000 of sales.

 

Required

a.     Compute Soto’s profit margin for 2011.

b.     Compute Soto’s turnover for 2011.

c.     Compute Soto’s return on investment for 2011.

d.     Recompute Soto’s ROI under each of the following independent assumptions.

(1)   Sales increase from $600,000 to $750,000, thereby resulting in an increase in operating income from $45,000 to $60,000.

(2)   Sales remain constant, but Soto reduces expenses resulting in an increase in operating income from $45,000 to $48,000.

(3)   Soto is able to reduce its invested capital from $300,000 to $240,000 without affecting operating income.

 

 

Answers

Maurice Tutor
(5)
Status NEW Posted 28 Jan 2018 11:01 PM My Price 7.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------.Pl-----------eas-----------e p-----------ing----------- me----------- on-----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be-----------

Not Rated(0)