Hardy Company segments its company into four distinct divisions. The net revenue

Question

Hardy Company segments its company into four distinct divisions. The net revenues operating profit, and total assets for these divisions are disclosed in the footnotes to Hardy Company's consolidated inancial statements and the following presented information Read the requirements Requirement 1. What are Hardy Company's four business divisions? Fill in the table listing each division, along with its net revenues, operating profit, and total assets in 2017 Complete the table for the 2017 year. Requirements Net Revanue Operating Profit Total Assets 1. What are Hardy Company's four business divisions? Fill in the table listing each division, 2. Use the data you collected in Requirement 1 to calculate each division's sales margin in 3. Use the data you collected in Requirement 1 to calculate each division's capital turnover 4. Use the data you collected in Requirement 1 to calculate each division's ROl in 2017 along with its net revenues, operating profit, and total assets in 2017 2017. Interpret your results in 2017. Interpret your results. Interpret your results. presented? Why or Print Done

Explanation / Answer

Division Net Revenue Operating Profit Total Assets Home Furnishings 11000 2530 6875 Office Furniture 8500 1615 5000 Store Display 12000 1560 9600 Health Care Furnishings 1625 520 650 Calculation of Sales Margin Division Operating Profit (b) Net Revenue © Margin % (b/c)*100 Home Furnishings 2530 11000 23% Office Furniture 1615 8500 19% Store Display 1560 12000 13% Health Care Furnishings 520 1625 32% Calculation of Capital Turnover Division Net Revenue (b) Capital © Ratio (b/c) Home Furnishings 11000 490 22.45 Office Furniture 8500 520 16.35 Store Display 12000 820 14.63 Health Care Furnishings 1625 40 40.63 Calculation of ROI Division Operating Profit (b) Total Assets © ROI (b/c)*100 Home Furnishings 2530 6875 37% Office Furniture 1615 5000 32% Store Display 1560 9600 16% Health Care Furnishings 520 650 80%

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