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Tresset [83]
2 years ago
12

Mason Corporation had $1,103,000 in invested assets, sales of $1,278,000, income from operations amounting to $238,000, and a de

sired minimum return of 13%. The residual income for Mason Corporation is
Business
1 answer:
zlopas [31]2 years ago
4 0

Answer:

$94,610

Explanation:

Invested assets (A) = $1,103,000

Sales = $1,278,000

Income from operations (I) = $238,000

minimum rate of return (r) = 13%.

Residual income (RI) is the generated income that exceeds the minimum rate of return and can be defined as:

RI = I - A*r\\RI = \$238,000 -\$1,103,000*0.13\\RI=\$94,610

The residual income for Mason Corporation is $94,610

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kirza4 [7]

Answer:

Sales This year will be $180,800

Explanation:

Total Sales Last Year = $160,000

Growth rate of sales = 13%

Sales This year = Total Sales last year x (1+Growth rate)

Sales This year = $160,000 x (1+13%)

Sales This year = $160,000 x (1+0.13)

Sales This year = $160,000 x 1.13

Sales This year = $180,800

4 0
3 years ago
Sorenson LLC, a publicly traded company, has ten members on its board. Of the ten members, six members are employees of the comp
Vesnalui [34]

Answer:

D. 7

Explanation:

Based on the information provided within the question it can be said that they need to appoint a total of 7 outside board members to achieve board independence. This is because in order to achieve board independence the board needs to consist of more members that are not employees than those who are. This is because votes need to be made in accordance to what is best for the company and shareholders, which may not always be best for the employees. Therefore when voting the employees may be biased.

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3 years ago
​________ is the difference between the prospective​ customer's evaluation of all the benefits and all the costs of an offering
alisha [4.7K]

Answer:

Customer Perceived Value (CPV)

Explanation:

CPV is associated with product marketing and branding. It state that success of  product depends on customer perception about the product or service ability to setify their needs. Customers interpret and react to marketing messages.

3 0
2 years ago
Best Tools, a manufacturing company, needs to cut costs to remain competitive. The manager of the company believes that the answ
OLEGan [10]

Answer:scientific approach

Explanation:scientific approach is a process of collecting fact and applying

Logical decision technique. It involves the use of big data to source for relevant data for decision making. When using scientific method in business,you must determine the research goal,without a clear research goal you will not be able to draw conclusion from the gathered data from the research.

scientific approach in business involves investigation,evaluation,experimentation,interpretation and theorizing for effective decision making.

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2 years ago
Read 2 more answers
Max Staxx borrowed $2,000 on a 10%, 120 day note. After 45 days, Max paid $700 on the note. Thirty days later, Max paid an addit
allsm [11]

$670 is the final balance due that max wants to pay.                                                                                  

<u>Explanation</u>:

  • Max borrowed a $2000 amount on a 120-day note. First, he paid $700 in the 120-day note. So the current amount he paid is $700.
  • After thirty days max paid the amount of $630. So totally he paid $1330 in a note of 75 days. So 45 days are remaining.
  • So the final balance due is $670. So Max wants to pay $670 on a note of 45 days.

6 0
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