You will need...A. insurance in the event of a proffesional mishap.
Answer:
11.56%
Explanation:
The computation of the minimum required rate of return is shown below:
Residual income = Net operating income - (Average operating assets × minimum required rate of return)
$22,000 = $59,000 - ($320,000 × minimum required rate of return)
After solving this the minimum required rate of return is 11.56%
By applying the above formula we can find out the minimum required rate of return
Basically, the Sarbanes Oxley Act was not a single Act, but a series of Acts that were designed to expand starting requirements for companies such as firms and overall businesses. Section 404 is one of the Acts that are specifically set on the company's control on their financial reports made. As a result, internal management or more commonly known as the Internal Affairs program of a company must provide a detailed and clear-written (straight-to-the-point) report on the company's structure (how they do things) and creating, or establishing, a set of procedures on how they plan to report their financial status.
Answer:
There is no data given in the question, a similar question is attached with this answer and answer was made accordingly.
Comparative Statement is made in the MS Excel File which is attached with this answer, Please find it.
Explanation:
a.
All the items except the president salary are relevant to the segment A, because these costs are particularly for incurred for Seg. A. A a single unit the Segment A is making the profit of $11,000. Allocation of president salary is the major reason for the loss.
b.
Keeping Segment A makes is a more profitable decision than Eliminating the segment A. because share of president salary associated with segment A is allocated to other segments and Segment A was contributing $11,000 in the president salary at break-even. This contribution is lost when we Eliminate the Segment A.