Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

THE FOLOWING INFORMATION APPLIES TO QUESTIONS 1 THROUGH 5. The top management at

ID: 2557725 • Letter: T

Question

THE FOLOWING INFORMATION APPLIES TO QUESTIONS 1 THROUGH 5. The top management at ZYX-BOXX Company, a manufacturer of computer games, is attempting to recover from a flood that destroyed some of their accounting records. The main computer system was also severely damaged. The following information was salvaged: Sales Net Operating Income Operating Assets Return on Investment Return on Sales Investment Turnover Ratio Alpha $2,500,000 $1,500,000 Questions 2 25% Question 5 Beta Question1 $650,000 Question 3 15% 10% N/A Gamma $1,150,000 $575,000 $766,667 Question4 50% 1.5 N/A

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Alpha Beta Gamma Sales    2,500,000.00    6,500,000.00    1,150,000.00 Net Operating Income Beta = 650,000/10%    1,500,000.00       650,000.00       575,000.00 Operating Assets = Alpha = 1,500,000/25% Beta = 650,000/15%    6,000,000.00    4,333,333.33       766,667.00 Return on investment Gamma = 575,000/766,667 25.00% 15.00% 75.00% Return on sales Alpha = 1.5m/2.5m 60.00% 10.00% 50.00% Investment turnover ratio N/A N/A                    1.50