The __________ is the system of relationships that develop spontaneously as employees meet and form power centers.

Financial data for Stirling Inc. for last year are as follows:

Tom [10]

Answer:

profit margin: 6.04%

Assets turnover: 2.08

ROI 25.89%

Residual Income 137,330

Explanation:

profit margin:

income/sales = 326,480/5,404,000 = 0.060414507 = 6.0414507%

Assets turnover:

$\frac{net \: sales}{average \: assets} \\\\where:\\average \: assets = \frac{ending + beginning}{2}$

(2,561,000 + 2,629,000)/2 = 2,595,000 average assets

5,404,000/2,595,000 = 2.082466281 Assets TO

ROI

$\frac{net \: income}{average \: equity} \\\\where:\\average \: equity= \frac{ending + beginning}{2}$

(1,206,000+1,316,000)/2 = 1,261,000 average equity

326,480/1,261,000 = 25.890563%

Residual Income:

current income - income at desired RoR

That means calculate which income generates a ROI of 15% which is the minimum required return:

ROI = income / equity = 0.15

X/1,261,000 = 0.15

X=1,261,000 x 0.15 = 189,150

Now we calculate the diference between this number and the current income.

326,480 - 189,150 = 137,330 Residual Income

8 0

3 years ago

Using PPS sampling, determine the sample size that you want to use for sending accounts receivable confirmations. Draw on the in

8_murik_8 [283]

Answer:

The below solution will guide your believe of what should be appropriate qualitative assumptions for inherent risk.

Explanation:

4 0

3 years ago

During 2011, Clark Company manufactured equipment for its own use at a total cost of $2,400,000. The project required the entire

Zanzabum

Idk idk idk idk idk idk im sorry btw its just for the starting thing

8 0

3 years ago

______ is the feeling that your efforts make a difference and affect the organization.

steposvetlana [31]

The answer is accomplishment. It is because an individual is likely to feel accomplished if he or she was able to achieve the goal that he or she is trying to pursue and that these accomplishments that he or she achieved has paid the efforts that he or she pushed to and it has make a difference.

5 0

3 years ago

The Truth-in-Lending Act gives debtors the right to rescind certain transactions for a period of ______ business days from the d

inysia [295]

Answer:

three

Explanation:

The Truth-in-Lending Act (TILA) applies to home loans. It requires lenders to disclose all costs related to a home loan, provides rescission rights for some transactions, and impose restrictions on home equity credits. But the TILA cannot set the interest rates or other fees charged by the lender, it only requires the lender to disclose the complete information, e.g. APR, monthly payments and amount financed.

3 0

3 years ago