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

Question

Results from Pioneer Corporation's most recent year of operations are presented in the following table (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 Data Table Next enter the formula, then calculate the capital turnover. (Round your answer to two decimal places.) Operating income Total assets Current liabilities Sales Target rate of return S 8,800 S 16,000 $ 4,200 $ 35,200 - Capital turnover Current liabilities Operating income Sales Total assets times Now enter the formula, then calculate the ROI 16% ROI Print Done Requirement 2. Calculate the residual income (RI) Enter the formula, then calculate the residual income RI Choose from any list or enter any number in the input fields and then continue to the next question

Explanation / Answer

1) Sales margin :

Capital turnover :

ROI

Calculate residual income :

Operating income / Sales = Sales margin 8800 / 35200 = 25%

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