Results from Super Corporation\'s most recent year of operations are presented i

Question

Results from Super Corporation's most recent year of operations are presented in the following table EEB (Click the icon to view the information.) Requirements 1. Calculate the sales margin, capital turnover, and return on investment (ROI) 2. Calculate the residual income (RI). Requirement 1. Calculate the sales margin, capital turnover, and return on investment (ROI) First enter the formula, then calculate the sales margin Sales margin Next enter the formula, then calculate the capital turnover. (Round your answer to two decimal places.) Capital turnover - times

Explanation / Answer

Shareholder equity or capital =total asset-current liability
=13800-4000=9800

Operating income / sales = sales margin 9660 / 34500 = 28% Turnover / shareholder equity(W.N) = capital turnover 34500 / 9800 = 3.52 times Operating income - (total assets*required rate) = RI 9660 - (13800*13%) = 7866 Operating profit / total assets = ROI 9660 / 13800 = 70%

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