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Tresset [83]
3 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]3 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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rosijanka [135]

Answer:

yes this very true bc as you get older the less opportunity's you get to things

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3 years ago
Of these common educational requirements for Finance careers, select those you are most interested in achieving. Check all that
Nataly [62]

Answer:

The correct options are Advanced degree after a traditional four year college degree and On the Job training Experience.

Explanation:

If I like to persuade my career in the Finance Field, I would definitely go for the Four Year degree program in finance and then do Advance education in the concerned field. Then i would like to get the on the job training experience in the finance department of a renowned company to have a true learning experience of the finance field in real time. This would prepare me to become fully knowledgeable about the finance matters before entering into the market as a finance professional. So getting advance degree after basic degree in finance and getting the on the job training would be my choices for Finance Careers.  

3 0
4 years ago
Read 2 more answers
Donna entered bob's department store and went directly to the children's apparel department. therefore, the merchandise to be bo
Aloiza [94]

Donna entered bob's department store and went directly to the children's apparel department. therefore, the merchandise to be bought by donna in the children's department is referred to as  <u>Destination Merchandise.</u>

<u></u>

The noun merchandise refers to anything that can be bought or sold, such as the merchandise sold at your local record store or the merchandise sold by a street vendor in a big city. As you enter the store, you are surrounded by merchandise, including food, clothing, and books.

Merchandise is a term that describes any product that can be sold or purchased. All items sold are commodities. For example, groceries in a supermarket, clothing in a retail store, electronics on a website, or raw materials in a manufacturing warehouse.

Learn more about Merchandise here: brainly.com/question/11538623

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8 0
2 years ago
Healthy​ Farmer, Inc. has 41 comma 000 shares of common stock outstanding and 5 comma 000 shares of preferred stock outstanding.
Tems11 [23]

Answer:

available for common stock holders 34,000

Explanation:

The common stock holders are being paid after the preferred stock.

So we must first calculate and subtract the preferred stock.

5,000 preferred stock x $100 par x 4% = 20,000

declared dividends                            54,000

preferred dividends                         <u> (20,000)   </u>

available for common stock holders 34,000

7 0
4 years ago
Direct Materials Used in Production Slapshot Company makes ice hockey sticks. On June 1, Slapshot had $42,000 of materials in in
sp2606 [1]

Answer:

$118,000

Explanation:

The formula and the estimation of the direct material used is shown below:

Direct material used = Starting raw material balance + purchase made during the year- ending raw material balance

= $42,000 + $127,000 - $51,000

= $118,000

Adding the purchased amount and deducting the ending raw material balance to the beginning raw material balance for computing the direct material used

4 0
3 years ago
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