Answer:
the residual income for the division is $46280
Explanation:
given data
operating income = $62,240
assets = $228,000
return on assets = 7%
to find out
What is the residual income for the division
solution
we get Residual income for the division that is express as
Residual Income = Income from operations - ( Minimum required return × Operating Assets) .......................1
put here value we get
Residual Income = $62,240 - ( 7% × $228,000 )
Residual Income = $62,240 - $15960
Residual Income = $46280
So the residual income for the division is $46280
Answer: $70
Explanation:
Price = Present value of year 1 dividend + Present value of year 2 dividend + Present value of year 3 dividend + Present value of year 4 dividend + Present value of year 4 price
Year 4 price = Year 4 dividend / ( Required return - Growth rate after 3 years)
= (3.50 * 1.30³ * 1.04) / (13% - 4%)
= $88.856
Price = (3.50 / (1 + 13%)) + ( (3.50 * 1.3) / 1.13²) + ( (3.50 * 1.3²) / 1.13³) + ( (3.50 * 1.3³) / 1.13⁴) + 88.856/1.13⁴
= $69.97
= $70
Its is B) eliminate certain types of debt.
This is the correct answer of E d g e n u i t y as well
First of all, the predetermined overhead will be calculated.
Predetermined overhead rate = Estimated manufacturing overhead / Estimated direct labor hour
Predetermined overhead rate = $ 258,000 ÷ 15,000 hours = $ 17.20 per direct labor hour
Actual manufacturing overheads = $ 253,000
Applied manufacturing overheads = Predetermined overhead rate × Actual direct labor hours
Applied manufacturing overheads = $ 17.20 × 13,100 = 225,320
Applied manufacturing overheads are less than actual manufacturing overheads, thus overheads are under applied.
Actual manufacturing overheads - Applied manufacturing overheads = $ 27,680 under applied
Explanation:
the federal receive the common thing
