Worldwide Logistics provides the following information: Operating income $ 1 comma 550 comma 000 Net sales $ 14 comma 000 comma 000 Average total assets $ 2 comma 000 comma 000 Management's target rate of return 30% What is the company's residual income?

The company's residual income is $950,000.

Explanation:

Residual Income is calculated as Operating Income less Cost of Investment.

Calculation of Residual Income :

Operating income                                              $1,550,000

Less Cost of Investment ($2,000,000 × 30%)  ($600,000)

Residual Income                                                   $950,000

Conclusion :

The company's residual income is $950,000.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

a. money supply  

have a good day