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4 years ago

The following information pertains to the three divisions of Marlow Company:

Business

1 answer:

lubasha [3.4K]4 years ago

5 0

Answer:

The correct option is B

Residual income = ($9000)

Explanation:

Residual Income is measure of how much a division or a part of a business is able to generate over and above the company-wide opportunity cost of capital.

A division with a controllable over and margin over and above the cost of fund is evaluated to be profitable .

Residual income = Controllable margin - (cost of capital(%)× operating assets)

Cost of capital = Target ROI

Residual income for Division X

= 36,000 - (15%× 300,000 )

= ($9000)

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According to the Zippo standard, websites that provide information but do not provide the opportunity to conduct online transact

Otrada [13]

Answer:

True

Explanation:

Passive sites are equated to informational billboards and do not establish jurisdiction over defendant site operators

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3 years ago

If you collect personal information about your customers, what should you do?

Sveta_85 [38]

Answer:

First, stop, and secondly try being more careful.

Explanation:

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3 years ago

For each separate case, record an adjusting entry (if necessary). Barga Company purchases $32,000 of equipment on January 1. The

scoundrel [369]

Answer:

Equipment:

Dr. Cr.

Depreciation Expense $5,520

Accumulated Depreciation $5,520

Land:

Land never depreciates, so there is no adjusting entry for the Land purchased on year end.

Explanation:

Year end is not given in the data so, it is assumed the December 31 is the end of the year

Equipment

Depreciation for the year = ( Purchase price - Residual value ) / useful life

Depreciation for the year = ( $32,000 - $4,400 ) / 5 years

Depreciation for the year = $5,520

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4 years ago

The inventory of Cullumber Company was destroyed by fire on March 1. From an examination of the accounting records, the followin

maria [59]

Answer:

a. Merchandise lost by fire value = $20,760

b. Merchandise lost by fire value = $25,770

Explanation:

Net sales = $51,000 - $1,100

= $49,900

Net purchase cost = $31,000 + 1,200 - $1,500

= $30,700

a. Gross profit = $49,900 × 40%

= $19,960

Cost of goods sold = $49,900 - $19,960

= $29,940

Cost of goods sold = beginning inventory + Purchases - ending inventory

= $29,940 = $20,000 + $30,700 - ending inventory

Ending inventory = $20,760

Merchandise lost by fire value = $20,760

b. Gross profit = $49,900 × 30%

= $14,970

Cost of goods sold = $49,900 - $14,970

= $34,930

Cost of goods sold = beginning inventory + Purchases - ending inventory

= $34,930 = $30,000 + $30,700 - ending inventory

ending inventory = $25,770

Merchandise lost by fire value = $25,770

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3 years ago

In recent years, consumers have protested against starbucks' practice of buying cheap coffee from colombian farmers and then sel

djyliett [7]

It is Raising Awareness.

It is actually changing people’s perspective towards things they have been thinking to be right or wrong.

In this scenario, it is generally thought and has been accepted by people that Starbucks Coffee price is too high, because they have the best quality coffee and for that they are charging high.

But in reality, they get the raw material from farmers of Colombia at a very cheap price. This is what most of the people don’t know about. So the consumers who came to know about it, started to protest against them, thus creating awareness about this to other people.

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3 years ago

Read 2 more answers