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choli [55]
1 year ago
10

Division ABC has $750,000 in average assets and $200,000 in income. Division XYZ has $800,000 in average assets and $210,000 in

income. The company's target rate is 10%. Which division has the highest residual income
Business
1 answer:
solniwko [45]1 year ago
5 0

If  Division XYZ has $800,000 in average assets and $210,000 in income. The division that has the highest residual income is: Division XYZ.

<h3>Residual income</h3>

Calculation  for ABC Residual income

Residual income=$200,000-(0.10×$750,000)

Residual income=$200,000-$75,000

Residual income=$125,000

Calculation for XYZ Residual income

Residual income=$210,000 -(0.10×$80,000)

Residual income=$210,000-$80,000

Residual income=$130,000

Inconclusion the division that has the highest residual income is:Division XYZ.

Learn more about residual income here:

brainly.com/question/17154580

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8 0
3 years ago
Frequently, project managers lack legitimate power based upon position and instead resort to persuading others based upon person
love history [14]

Answer:

B. referent power is the correct answer.

Explanation:

  • Referent power is the capability of a leader who has the power to influence and motivate followers.
  • Referent power is power gained by those individuals who have influential and effective interpersonal relationships abilities.
  • The advantage of referent power is that the referent leader has the ability to motivate and inspire the workers to be dedicated to their works.
5 0
2 years ago
The operators of adult bookstores got together and each agreed to contribute $1,000 to a fund for use in lobbying the city counc
san4es73 [151]

Answer:

The operators have not violated the antitrust laws because they are only collaborating to lobby the government

Explanation:

The antitrust law in the U.S. can be described as a group of federal and state government laws enacted to regulate the activities of business firms in order to enhance competition to the advantage of consumers.

The antitrust law aims to collusive activities that suppress trade, any merger and acquisition that would reduce competition, and prevent the the abuse of monopoly power.

Since the activity of the operators of adult bookstores does not fall under what the antitrust law aims to prevent but it is just a collaboration to lobby the government, they have a good defense that they have not violated the antitrust laws.

3 0
3 years ago
Fact pattern 33-1a berry indicates that she is acting as an agent on behalf of an unidentified client—cuisine catering, llc—when
posledela
Liability to Desean for non performance of the contract may be imposed on BERRY AND CUISINE CATERING.
Berry is required by the law to perform the duties in the contract agreement, failure to do this will creates liability for Berry and in that case, both Berry and Cuisine catering will be liable, because Berry had said that she is working on behalf of Cusine catering, thus, Cusine catering is already a part of the contract.
8 0
2 years ago
Following are the transactions of a new company called Pose-for-Pics.Aug. 1 Madison Harris, the owner, invested $8,000 cash and
Rama09 [41]

Answer:

Aug 1

Dr cash $8,000

Dr photography equipment $34,400

Cr Common Stock $42,400

Aug 2

Dr Prepaid Insurance $3,000

Cr Cash$3,000

Aug 5

Dr Office supplies $1,520

Cr Cash$1,520

Aug 29

Dr Cash $4,000

Dr photography fees earned $4,000

Aug31

Dr Utilities expense $884

Cr Cash $884

Explanation:

Preparation of the general journal entries for the above transactions.

Aug 1

Dr cash $8,000

Dr photography equipment $34,400

Cr Common Stock $42,400

(8,000+34,400)

Aug 2

Dr Prepaid Insurance $3,000

Cr Cash$3,000

Aug 5

Dr Office supplies $1,520

Cr Cash$1,520

Aug 29

Dr Cash $4,000

Dr photography fees earned $4,000

Aug31

Dr Utilities expense $884

Cr Cash $884

4 0
3 years ago
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