please no copy paste provide well explained , computed , formulated answer with steps along other works show every work clearly for every steps answer in text form The following data pertain to British Isles Aggregates Company, a producer of sand, gravel, and cement, for the year justended.Sales revenueCost of goods sold£6,300,0002,352,0003,444,0001,260,000Operating expensesAverage invested capital£ denotes the British pound sterling, the national monetary unit of Great Britain.Exercise 13-33 Part 33-a. Assuming that the expenses and cost of goods sold are reduced in order to improve the firm's ROI to 45 percent, compute thefirm's new sales margin.3-b. Show how the new sales margin and the old capital turnover together result in a new ROI of 45 percent.

A financial ratio called return on investment (ROI) is used to determine how much an investor will…

The following data pertain to British Isles Aggregates Company, a producer of sand, gravel, and cement, for the year just ended. Sales revenue Cost of goods sold Operating expenses Average invested capital £ denotes the British pound sterling, the national monetary unit of Great Britain. Exercise 13-33 Part 3 £6,300,000 2,352,000 3,444,000 1,260,000 3-a. Assuming that the expenses and cost of goods sold are reduced in order to improve the firm's ROI to 45 percent, compute the firm's new sales margin. 3-b. Show how the new sales margin and the old capital turnover together result in a new ROI of 45 percent.

The following data pertain to British Isles Aggregates Company, a producer of sand, gravel, and cement, for the year just ended. Sales revenue Cost of goods sold Operating expenses Average invested capital £ denotes the British pound sterling, the national monetary unit of Great Britain. Exercise 13-33 Part 3 £6,300,000 2,352,000 3,444,000 1,260,000 3-a. Assuming that the expenses and cost of goods sold are reduced in order to improve the firm's ROI to 45 percent, compute the firm's new sales margin. 3-b. Show how the new sales margin and the old capital turnover together result in a new ROI of 45 percent.

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter3: The Basics Of Record Keeping And Financial Statement Preparation: Income Statement

Section: Chapter Questions

Problem 9E

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The following data pertain to British Isles Aggregates Company, a producer of sand, gravel, and cement, for the year just ended. Sales revenue £ 6, 900, 000 Cost of goods sold 2,928, 000 Operating expenses 3, 696,000 Average invested capital 3,450,000 £ denotes the British pound sterling, the national monetary unit of Great Britain. 3-a. Assuming that the expenses and cost of goods sold are reduced in order to improve the firm's ROI to 15 percent, compute the firm's new sales margin. 3 - b. Show how the new sales margin and the old capital turnover together result in a new ROI of 15 percent.
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