An asterisk (*) will appear to the right of an incorrect entry in the income statement and above or below
elements in the equations.
1.
Return on Investment (ROI) = Profit Margin x Investment Turnover
Sales
Electronics Division:
2.
Proposal 1 Proposal 2 Proposal 3
Sales
Cost of goods sold
Gross profit
Operating expenses
Operating income
Invested assets
3.
Return on Investment (ROI) = Profit Margin x Investment Turnover
Sales
Proposal 1:
Proposal 2:
Invested Assets
x
=
Score:
Key Code:
Instructions
For the Year Ended December 31, 20Y9
0%
Gihbli Industries Inc.⎯Electronics Division
Estimated Income Statements
Problem 24(10)-4B
Name:
Section:
Invested Assets
=
x
Return on Investment (ROI)
=
Operating Income
x
Sales
=
[Key code here]
Answers are entered in the cells with gray backgrounds.
Cells with non-gray backgrounds are protected and cannot be edited.
ROI
Operating Income
Return on Investment (ROI)
=
x
Sales
4.
meet(s) the required 20% rate of return on investment.
5.
Return on Investment (ROI) = Profit Margin x Required Investment Turnover
= x Required Investment Turnover
Required Investment Turnover =
Current Investment Turnover =
Increase in Investment Turnover =
x
=
x
=
ROI
=
ROI
=
An asterisk (*) will appear to the right of an incorrect entry in the income statement and above or below
elements in the equations.
1.
Return on Investment (ROI) = Profit Margin x Investment Turnover
Sales
Electronics Division:
2.
=
x
Proposal 1 Proposal 2 Proposal 3
Sales 1,575,000$ 1,395,000$ 1,575,000$
3.
Return on Investment (ROI) = Profit Margin x Investment Turnover
Sales
Proposal 2:
Invested Assets
For the Year Ended December 31, 20Y9
Gihbli Industries Inc.⎯Electronics Division
Estimated Income Statements
Return on Investment (ROI)
Operating Income
Sales
Invested Assets
=
x
Return on Investment (ROI)
=
Operating Income
x
Sales
Problem 24(10)-4B
Name:
Solution
Section:
ON
Cells with non-gray backgrounds are protected and cannot be edited.
Score:
Instructions
Answers are entered in the cells with gray backgrounds.
5.
Return on Investment (ROI) = Profit Margin x Required Investment Turnover