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Rate of Return on Investment Commodore Entertainment recently reported sector in

ID: 2440449 • Letter: R

Question

Rate of Return on Investment

Commodore Entertainment recently reported sector income from operations, revenue, and invested assets as follows:

Media Networks: The ABC television and radio network, Commodore channel, ESPN, A&E, E!, and Commodore.com

Parks and Resorts: Commodore World Resort, Commodoreland, Commodore Cruise Line, and other resort properties

Studio Entertainment: Commodore Entertainment, which releases films by Pixar Animation Studios, Marvel Studios, Commodore/Lucasfilm, and Touchstone Pictures

Consumer Products: Character merchandising, Commodore stores, books, and magazines Commodore recently reported sector income from operations, revenue, and invested assets (in millions) as follows

Use the DuPont formula to determine the rate of return on investment for the four Commodore Entertainment sectors. Round Profit Margin, ROI to one decimal place and Investment Turnover to two decimal places.

b. How do the four sectors differ in their profit margin, investment turnover, and return on investment?

has the highest profit margin, while has the lowest profit margin. has the highest return on investment, while has the lowest return on investment.

    Income from
    Operations
    
Revenue     Invested
    Assets
Media Networks $133,920 $753,300 $837,000 Parks and Resorts 64,980 456,000 570,000 Studio Entertainment 10,258 312,200 446,000 Consumer Products 91,908 399,600 222,000

Explanation / Answer

Income from operations(a)             Invested Revenue(b)      Assets(c) Media Networks                            133,920.00             753,300.00      837,000.00 Parks and Resorts                              64,980.00             456,000.00      570,000.00 Studio Entertainment                              10,258.00             312,200.00      446,000.00 Consumer Products                              91,908.00             399,600.00      222,000.00 Profit margin=income from operations/Revenue*100 Investment turnover=Revenue/Invested Assets ROI=Income from operations/invested assets*100 Profit Margin(a/b*100) Investment turnover(b/c) ROI(a/c*100) Media Networks                                   17.78                      0.90             16.00 Parks and Resorts                                   14.25                      0.80             11.40 Studio Entertainment                                     3.29                      0.70               2.30 Consumer Products                                   23.00                      1.80             41.40 Consumer products has the highest profit margin while studio entertainment has the lowest profit margin Consumer Products has the highest return on investment, while studio entertainment has the lowest return on investment.