subject
Business, 11.05.2020 08:57 lin550

The operating income and the amount of invested assets in each division of Conley Industries are as follows: Operating income Invested Assets Retail Division $180,400 $820,000 Commercial Division 81,700 430,000 Internet Division 83,200 320,000 Assume that management has established a 12% minimum acceptable return for invested assets. a. Determine the residual income for each division. Retail Division Commercial Division Internet Division Operating income $180,400 $81,700 $83,200 Minimum acceptable operating income as a percent of invested assets Residual income $ $ $ b. Which division has the most residual income?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 13:40
The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)
Answers: 1
question
Business, 22.06.2019 13:50
Read the following paragraph, and choose the best revision for one of its sentences.dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.
Answers: 2
question
Business, 22.06.2019 15:30
Brenda wants a new car that will be dependable transportation and look good. she wants to satisfy both functional and psychological needs. true or false
Answers: 1
question
Business, 22.06.2019 19:20
Bcorporation, a merchandising company, reported the following results for october: sales $ 490,000 cost of goods sold (all variable) $ 169,700 total variable selling expense $ 24,200 total fixed selling expense $ 21,700 total variable administrative expense $ 13,200 total fixed administrative expense $ 33,600 the contribution margin for october is:
Answers: 1
You know the right answer?
The operating income and the amount of invested assets in each division of Conley Industries are as...
Questions
question
Mathematics, 25.08.2019 11:30
question
Biology, 25.08.2019 11:50
question
Social Studies, 25.08.2019 11:50
Questions on the website: 13722361