An asterisk (*) will appear to the right of an incorrect entry in the income statement and above or below
elements in the equations. The essay answer will not be graded.
1.
Snack Retail
Cereal Cake Bakeries
Division Division Division
Sales
Cost of goods sold
Gross profit
Operating expenses
Operating income
2.
Return on Investment (ROI) = Profit Margin x Investment Turnover
Sales
Cereal Division:
Snack Cake Division:
3.
ROI
=
x
=
[Key essay answer here]
[Key code here]
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The Crunchy Granola Company
Divisional Income Statements
For the Year Ended June 30, 20Y7
Return on Investment (ROI)
=
Operating Income
Sales
ROI
=
x
=
Score:
Key Code:
Instructions
Problem 24(10)-3A
Name:
Section:
0%
x
ROI
=
x
=
An asterisk (*) will appear to the right of an incorrect entry in the income statement and above or below
elements in the equations. The essay answer will not be graded.
1.
Snack Retail
Cereal Cake Bakeries
Division Division Division
2.
Return on Investment (ROI) = Profit Margin x Investment Turnover
Sales
=
x
=
=
=
x
Retail Bakeries Division:
x
=
=
3.
Per dollar of invested assets, the Snack Cake Division is the most profitable of the three
Problem 24(10)-3A
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.
For the Year Ended June 30, 20Y7
The Crunchy Granola Company
Divisional Income Statements
Return on Investment (ROI)
Operating Income
Sales
=
x