Business, 17.06.2020 23:57 destmacklin
Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have authority to make investments as needed, are evaluated based largely on return on investment (ROI). The company's Springfield Club reported the following results for the past year:
Sales $710,000
Net operating income $11,360
Average operating assets $100,000
1. Compute the Springfield club’s return on investment (ROI).
2. Assume that the manager of the club is able to increase sales by $71,000 and that, as a result, net operating income increases by $5,041. Further assume that this is possible without any increase in operating assets. What would be the club’s return on investment (ROI)?
3. Assume that the manager of the club is able to reduce expenses by $2,840 without any change in sales or operating assets. What would be the club’s return on investment (ROI)?
4. Assume that the manager of the club is able to reduce operating assets by $50,000 without any change in sales or net operating income. What would be the club’s return on investment (ROI)?
Answers: 2
Business, 22.06.2019 06:30
If the findings and the results are not presented properly, the research completed was a waste of time and money. true false
Answers: 1
Business, 22.06.2019 08:30
Kiona co. set up a petty cash fund for payments of small amounts. the following transactions involving the petty cash fund occurred in may (the last month of the company's fiscal year). may 1 prepared a company check for $350 to establish the petty cash fund. 15 prepared a company check to replenish the fund for the following expenditures made since may 1. a. paid $109.20 for janitorial services. b. paid $89.15 for miscellaneous expenses. c. paid postage expenses of $60.90. d. paid $80.01 to the county gazette (the local newspaper) for an advertisement. e. counted $26.84 remaining in the petty cashbox. 16 prepared a company check for $200 to increase the fund to $550. 31 the petty cashier reports that $380.27 cash remains in the fund. a company check is drawn to replenish the fund for the following expenditures made since may 15. f. paid postage expenses of $59.10. g. reimbursed the office manager for business mileage, $47.05. h. paid $48.58 to deliver merchandise to a customer, terms fob destination. 31 the company decides that the may 16 increase in the fund was too large. it reduces the fund by $50, leaving a total of $500.
Answers: 1
Business, 22.06.2019 16:30
Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?
Answers: 3
Business, 22.06.2019 16:30
Suppose that electricity producers create a negative externality equal to $5 per unit. further suppose that the government imposes a $5 per-unit tax on the producers. what is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?
Answers: 2
Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have authority...
English, 14.02.2022 01:00
Mathematics, 14.02.2022 01:00
Mathematics, 14.02.2022 01:00
Mathematics, 14.02.2022 01:00
Mathematics, 14.02.2022 01:00
Mathematics, 14.02.2022 01:00
Biology, 14.02.2022 01:00
Geography, 14.02.2022 01:00
Mathematics, 14.02.2022 01:00
Chemistry, 14.02.2022 01:00
Physics, 14.02.2022 01:00
Mathematics, 14.02.2022 01:00