Residual income can be defined as:
multiple choice:
o income remaining after dividends are paid out.
o operating earnings minus return on investment.
o operating earnings plus a minimum acceptable return times average invested capital.
o operating earnings minus a minimum acceptable return times average invested capital.

rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is

According to this excerpt, a key part of our national security strategy is

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?