Sprint company has the following data for 2009 calculate


Problem

Sprint Company has the following data for 2009:


Division A

Division B

Sales Revenue

$400,000

$300,000

Contribution margin

160,000

125,000

Operating profit

80,000

30,000

Division Investment

320,000

200,000

Weighted average cost of capital

15%

15%

Sprint Company has a target ROI of 20 percent.

Required:

Calculate the following amounts for each division:

a. Investment Turnover.
b. ROI
c. EVA

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Sprint company has the following data for 2009 calculate
Reference No:- TGS02771879

Expected delivery within 24 Hours