![Business](/tpl/images/cats/ekonomika.png)
Mindspin labs inc. is a manufacturing firm that has experienced strong competition in its traditional business. management is considering joining the trend to the "service economy" by eliminating its manufacturing operations and concentrating on providing specialized maintenance services to other manufacturers. management of mindspin labs has had a target roi of 15% on an asset base that has averaged $9 million. to achieve this roi, average total asset turnover of 2 was required. if the company shifts its operations from manufacturing to providing maintenance services, it is estimated that average total assets will decrease to $1 million. required: calculate net income, margin, and sales required for mindspin labs to achieve its target roi as a manufacturing firm. assume that the average margin of maintenance service firms is 3.10%, and that the average roi for such firms is also 17%. calculate the net income, sales, and total asset turnover that mindspin labs will have if the change to services is made and the firm is able to earn an average margin and achieve an 17% roi.
![answer](/tpl/images/cats/otvet.png)
Answers: 3
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 09:00, aubreyfoster
What should a food worker use to retrieve ice from an ice machine?
Answers: 1
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 14:40, robert7248
Which of the following statements about revision is most accurate? (a) you must compose first drafts quickly (sprint writing) and return later for editing. (b) careful writers always revise as they write. (c) revision is required for only long and complex business documents. (d) some business writers prefer to compose first drafts quickly and revise later; others prefer to revise as they go.
Answers: 3
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 15:20, babyduck0664
Martinez company has the following two temporary differences between its income tax expense and income taxes payable. 2017 2018 2019 pretax financial income $873,000 $866,000 $947,000 (2017' 2018, 2019) excess depreciation expense on tax return (29,400 ) (39,000 ) (9,600 ) (2017' 2018, 2019) excess warranty expense in financial income 20,000 9,900 8,300 (2017' 2018, 2019) taxable income $863,600 $836,900 $945,700(2017' 2018, 2019) the income tax rate for all years is 40%. instructions: a. prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2017, 2018, and 2019. b. assuming there were no temporary differences prior to 2016, indicate how deferred taxes will be reported on the 2016 balance sheet. button's warranty is for 12 months. c. prepare the income tax expense section of the income statement for 2017, beginning with the line, "pretax financial income."
Answers: 3
Do you know the correct answer?
Mindspin labs inc. is a manufacturing firm that has experienced strong competition in its traditiona...
Questions in other subjects:
![Konu](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 21.06.2021 17:30
![Konu](/tpl/images/cats/mat.png)
Mathematics, 21.06.2021 17:30
![Konu](/tpl/images/cats/mat.png)
Mathematics, 21.06.2021 17:30
![Konu](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 21.06.2021 17:30
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/informatica.png)
Computers and Technology, 21.06.2021 17:30
![Konu](/tpl/images/cats/fizika.png)
![Konu](/tpl/images/cats/ekonomika.png)
![Konu](/tpl/images/cats/ekonomika.png)
![Konu](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 21.06.2021 17:30