managerial accounting
In 20×1, Clark Ltd. had an operating income of $400632 and assets of $4308811. It reported a profit margin of 19.2%. What was Clark’s asset turnover ratio for the
year?
Select one:
a. 0.48
b. 0.12
c. 1.21
d. 0.30
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The Engine Division of the Taylor Corporation sells small engines to the outside market at a selling price of $156 per engine. The Engine Division is currently
operating at a capacity of 49513 engines per year and is currently selling 35227 engines annually. The variable cost of producing an engine is $106. The Snowmobile
Division of the Taylor Corporation currently purchases 18106 engines from an external supplier at a cost of $134 per engine.
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What is the maximum transfer price for a transfer of 18106 engines from the Engine Division to the Snowmobile Division?
Select one:
a. 116.55
b. 134.00
c. 145.45
d. 106.00
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A company has two divisions: Division X and Division Y. Both divisions are profit centres. Division X can produce up to 80515 kilograms of plastic per year. Division Y
needs 43576 kilograms of plastic in order to manufacture different products. The market price is $5.11 per kilogram of plastic. The following costs pertain to Division
X:
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Variable manufacturing costs per kilogram
$3.09
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Fixed manufacturing costs per kilogram
7.71
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What is the minimum transfer price that Division X would be willing to receive for the 43576 kilograms sold to Division Y if Division X expects to be operating at full
capacity this year?
Select one:
a. $3.09
b. $7.71
c. $10.80
d. $5.11
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A company invests in a new project that requires an initial capital outlay of $741875. The project will generate annual net cash flows of $137827 over a period of 6
years. The after-tax cost of capital is 8%. In addition, a working capital outlay of $89499 will be required. This working capital outlay will be recovered at the end
of the project’s life.
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What is the net present value of the project?
Select one:
a. -104717
b. -194216
c. 85087
d. -137817
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The Engine Division of the Taylor Corporation sells small engines to the outside market at a selling price of $152 per engine. The Engine Division is currently
operating at a capacity of 49481 engines per year and is currently selling 35350 engines annually. The variable cost of producing an engine is $95. The Snowmobile
Division of the Taylor Corporation currently purchases 18082 engines from an external supplier at a cost of $132 per engine.
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What is the minimum transfer price for a transfer of 18082 engines from the Engine Division to the Snowmobile Division?
Select one:
a. 132.00
b. 139.55
c. 107.45
d. 95.00
27.
Fractions
In Yoshis garden 3/4 of the flowers are tulips. Of the tulips 2/3 are yellow. What fraction of the flowers in Yoshis garden are yellow tulips??
