Commodore Entertainment has four profitable business segments, described as follows: Media Networks: Television and...
70.2K
Verified Solution
Question
Accounting
Commodore Entertainment has four profitable business segments, described as follows:
Media Networks: Television and radio Parks and Resorts: Resorts, including Commodore land Studio Entertainment: Motion pictures, musical recordings, and stage plays Consumer Products: Character merchandising, Commodore stores, books, and magazines
Commodore Entertainment recently reported sector income from operations, revenue, and invested assets as follows:
Income from Operations | Revenue | Invested Assets | ||||
Media Networks | $134,992 | $690,300 | $767,000 | |||
Parks and Resorts | 74,015 | 524,000 | 655,000 | |||
Studio Entertainment | 11,542 | 278,600 | 398,000 | |||
Consumer Products | 118,016 | 460,800 | 256,000 |
a. Use the An expanded expression of return on investment determined by multiplying the profit margin by the investment turnover.DuPont formula to determine the return on investment for the four Commodore Entertainment sectors. Round Profit Margin and ROI to one decimal place and Investment Turnover to two decimal places.
Profit Margin | Investment Turnover | ROI | |
Media Networks | % | % | |
Parks and Resorts | % | % | |
Studio Entertainment | % | % | |
Consumer Products | % | % |
b. How do the four sectors differ in their profit margin, investment turnover, and return on investment?
Media Networks
Studio Entertainment
Parks and Resorts
Consumer Products
has the highest profit margin, while < >Media Networks
Studio Entertainment
Parks and Resorts
Consumer Products
has the lowest profit margin. < >Media Networks
Studio Entertainment
Parks and Resorts
Consumer Products
has the highest return on investment, while < >Media Networks
Studio Entertainment
Parks and Resorts
Consumer Products
has the lowest return on investment.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.