Flingers Increveals the following information in their annua

Flingers Inc.reveals the following information in their annual report for FY 2014. Earnings and Expenses Sales Cost of good sold Pretax earning 10,000,000 5,000,000 $500,000 Selected balance sheet item Merchandise Inventory Total assets $80,000 $2,000,000 Upper management plans to cut cost of goods sold by 5% for the coming year but retain the same sales. What will Flingers\' return on assets figure be for 2015? A) 26% B) 33% C) 38% D) 29% Floyd Electric is fabricating flanges for a new electrical motor. The flange is to be 25 millimeters in diameter with an upper tolerance limit of 26.5 millimeters and a lower tolerance limit of 23.5 millimeters. Bill Floyd took a sample consisting of ten flanges, a recorded a standard deviation of 0.463 mm of the sample. What is Floyd Electric\'s process capability index? A) 1.66 B) 1.42 C) 1.33 D) 1.08

Solution

Ans 1 Cost of good sold in 2015 4750000 (5000000*95%) Earnings 500000+(5000000*5%) 750000 Return on assets 38 % 750000/2000000*100 Option C 38% ans 2 Option D 1.08 (upper limit-lower limit)/6*SD (26.5-23.5)/(6*0.463)