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iren [92.7K]
3 years ago
6

One consequence of providing an inaccurate operational definition of the properties we intend to measure is that the measurement

will be:
Business
1 answer:
Nana76 [90]3 years ago
8 0
It will be INVALID. because the consequence of providing an inaccurate  operational cannot be
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Mike Corporation uses residual income to evaluate the performance of its divisions. The company's minimum required rate of retur
Tanya [424]

Answer:

The answer is $7,900

Explanation:

Formula of Residual Income=Net Operating Income-(minimum required rate of return*average operating assets)

Residual income (RI)=$143,700-($970,000*14%)

RI=$7,900

Further we can alsocalculate

Return on investment (ROI)=$143,700/$970,000=14.81%

8 0
3 years ago
Read 2 more answers
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
MaRussiya [10]

Answer:

c. Under applied $ 1,340  

Explanation:

Computation of predetermined overhead rate

Estimated manufacturing overhead                                        $ 594,960

Estimated direct labor hours                                                          22,200 hours

Predetermined overhead rate per direct labor hour

$ 594,960 / 22,200 hours                                                      $ 26.80 per hour

Actual Direct Labor hours                                                              22,150 hours

Applied overhead at predetermined direct labor rate

$ 26.80 * 22,150 hours                                                               $   593,680

Actual overhead                                                                          <u>$   594,960</u>

Overhead under applied                                                            $     ( 1,340)                

5 0
3 years ago
Fishing versus Boat Building. Half the members of a fishing tribe catch 2 fish per day and half catch 8 fish per day. A group of
marta [7]

Answer:

Tbh idk the answer im soo sorry.

Explanation:

4 0
3 years ago
In the annual report, where would a financial statement reader find out if the company’s financial statements give a fair depict
katrin2010 [14]

Answer:

Auditors Report

Explanation:

In the Auditor's report, the auditor expresses his level of satisfaction that whether or not the financial statement presented show the true and fair picture of the organization. The external auditor is also involved in the investigation of errors and frauds in the financial statements.

8 0
3 years ago
Weber Company purchased a mining site for $659,964 on July 1. The company expects to mine ore for the next 10 years and anticipa
zzz [600]

Answer:

$41,774

Explanation:

the depletion expense is calculated below

Depletion expense reffered to the charge against profits for the use of natural resources.To calculate the depletion per unit we will need to calculate the total cost less salvage value then divide it by the total number of estimated units.

The expense is calculated by multiplying the depletion per unit by the number of natural resources units consumed current period.

Original cost= $659,964

residual value = $55,169

estimated units or tons= 96,740 tons

number of tons extracted in a given year = 6,682 tons of ore.

depletion expense =?

We will need to find the difference between the residual value and the original cost first. Which is

= (Original cost - residual value) = )$659,964 - $55,169)/96,740 tons

= 6.25

(6.25* 6,682 tons )= $41774

Hence,The depletion expense =$41774

5 0
3 years ago
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