Using the data from Brief Exercise 19-16, compute King Mattresses’s total return on sales (ROS) for the quarter   Exercise 19-16~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ King Mattresses sells...


Using the data from Brief Exercise 19-16, compute King Mattresses’s total return on sales (ROS) for the quarter



Exercise 19-16~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~


King Mattresses sells both mattress sets and bed frames. Last quarter, total sales were $50,000 for mattress sets and $25,000 for bed frames. Return on investment (ROI) was 10% for both divisions, while asset turnover (AT) was 5 for mattress sets and 2 for bed frames. What was the amount of operating profit for each division?



Dec 11, 2021
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