<span>Given:
Company's Net operating Income: $26,900
South division's divisional segment margin: $42,800
West division's divisional segment margin: $29,900
Divisional Segment margin: 72,700
Less: common fixed expenses: <u> x</u>
Company's Net Operating Income 26,900
Work back is needed:
26,900 + x = 72,700
x = 72,700 - 26,900
x = 45,800
The common fixed expenses not traceable to the individual divisions amounts to $45,800</span>
I believe the answer is: <span> return on invested capital (ROIC)
</span><span> return on invested capital (ROIC) Represents the amount of return that the company made from their overall invested capital (both from main and side operations). It's calculated by multiplying Net operational margin with capital turnover
</span>
Answer:
cash 20,000,000 debit
unearned revenue 20,000,000 credit
Explanation:
Record the advance collection of $20 million for iTunes gift card.
When a gift card is sold, Apple Inc assume the obligation of latter provide iTunes in the near future or do cash reimbursement therefore; this isn't revenue. It is a liability. Apple will generate revenue when the gift ard are redeem not at sale.
