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%
Answer: Assembly Department
Explanation:
Missing part of question is attached below.
Cutting Department
Under the direct method, the Cutting Department is allocated $62,000 of the Janitorial cost and $126,750 of the Cafeteria cost for a total of:
= 62,000 + 126,750
= $188,750
Assembly department
Allocated $248,000 of the Janitorial cost and $42,450 of Cafeteria:
= 248,000 + 42,450
= $290,450
<em>Assembly Department is therefore the department that is allocated the most support department costs under the direct method. </em>
Answer:
$651,000
Explanation:
The balance in the investment account as at 31st December is calculated as;
Investment account balance January 1, 202X
$624,000
Add:
30% of Turks services inc. $120,000
Net income
$36,000
Less :
30% of $30,000 dividend paid
($9,000)
Investment account balance December, 31 202X
$651,000
Answer:
An energy mutual fund
Explanation:
An energy mutual fund is like a normal fund, with the difference that it invests your portfolio only on energy-sector companies, for example: oil companies, natural gas companies or coal companies (although these tend to be neither as profitable nor as common).
If you go to an energy mutual fund, you will be offered investment options such as common stock, preferred stock and corporate bonds, and you money will be spread in among those investment instruments. Your portfolio will be diversified in a sector that usually has good economic prospects.
Answer:
Secondary boycott.
Explanation:
This has proven or is explained plainly to be a third party boycott. In as much as their are different forms of boycott, this scenario above depicts examples of a secondary boycott.
A secondary boycott could be explained to be a situation where a company is said to have unresolved differences with its workers and in other words its workers are reverting and moving prospective customers to other trading companies to patronise them.
Secondary boycotts are illegal under the National Labor Relations Act and also they are been carried out as a form of dispute resolution between the working force union and also the company been worked for generally.
