The residual income for the Division A of Magnolia Company for an income from operations of $80,000 will be $32,000.
<h3>What is residual income?</h3>
Residual Income is the total of total income from operations less the minimum acceptable rate of return on the deployed assets for such operations over a financial period.
Using the above information, it can be ascertained that the residual income will be,

Hence, the residual income will be as computed above.
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Answer:
$150
Explanation:
Calculation to determine How much does the investor gain or lose if the oil price at the end of the contract equals $14.0
Using this formula
Gain or Loss =(Futures price- Ending contract)*Contract size
Let plug in the formula
Gain or Loss=$15.5 per barrel- $14.0* 100 barrels
Gain or Loss=$1.5*100
Gain or Loss=$150
Therefore How much does the investor gain or lose if the oil price at the end of the contract equals $14.0 will be $150
Answer:
Britt is a Financial Manager.
Explanation:
A finanacial manager in a company is a person that is responsible for the financial health or well-being of a company. As the financial manager, the roles to be played includes; making financial reports, directly investing company funds, devloping plans/ strategies for the company's long term growth or development through fund raisers or bonds or any means seen fit.
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Answer:
Explanation:
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