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Rate of Return on Investment Commodore Entertainment recently reported sector in

ID: 2441248 • 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 $165,924 $586,600 $838,000 Parks and Resorts 66,708 523,200 654,000 Studio Entertainment 6,525 391,500 435,000 Consumer Products 129,024 518,400 288,000

Explanation / Answer

Calculate following :

Media networks has highest profit margin and studio entertainment has lowest profit margin.Consumer products has higher return on investment and studio entertainment has lowest return on investment

Profit margin Investment turnover ROI Media Networks 165924*100/586600 = 28.29% 586600/838000 = 0.70 28.29%*.70 = 19.80% Parks and resorts 66708*100/523200 = 12.75% 523200/654000 = 0.80 12.75%*.80 = 10.20% Studio Entertainment 6525*100/391500 = 1.67% 391500/435000 = 0.90 1.67%*.90 = 1.50% Consumer Products 129024*100/518400 = 24.89% 518400/288000 = 1.80 24.89%*1.8 = 44.80%