1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alexira [117]
4 years ago
11

Applying Excel: Exercise (Part 2 of 2)

Business
1 answer:
Vilka [71]4 years ago
8 0

Answer:

ROI 15%

Residual Income $1,350,000

Explanation:

Residual Income is the difference between net income of the company and the required rate of return. It determines the excess of income generate than the minimum return. The formula to calculate the residual income is,

RI = Net operating Income - (Required rate of return * Cost of operating assets)

RI = $4,500,000 - (21% * $15,000,000 )

RI = $1,350,000

ROI = \frac{Net Operating Income}{Capital Employed}

Capital Employed = Sales - Average operating assets

ROI = 15%

Residual income is positive when the department has meet the minimum return requirement. Minimum return is the return that is required by the company stakeholders. The particular projects and activities are selected on the basis of residual income.  

You might be interested in
The most important tax rate for determining an individual's incentive to work is the _____ tax rate.
zheka24 [161]

The most important tax rate for determining an individual's incentive to work is the margnal tax rate.

<h3>What is a tax?</h3>

Tax refers to the compulsory financial charge or levies on an individual or entities by governments in almost every country of the world.

Tax is a tariff or duty that is the revenue of the government which is levied by it on the income of the workers, business profits, and also added to goods and sevices.

A tax rate is the rate or a percentage at which an individual or corporation is taxed. Basically, there are two types direct taxes and indirect taxes.

Learn more about tax here:-

brainly.com/question/16423331

#SPJ4

6 0
2 years ago
You and your friends have decided to build a skateboard ramp behind your house. You have already purchased $500 in materials and
Rufina [12.5K]

Answer:

Hand saw is cheaper.

Explanation:

Given:

Material cost = $500

Electric saw cost rent per hour = $20

Building hour from electric saw = 6 hour

Building hour from hand saw = 15 hour

Time off pay from job = $8/hour

Computation of total cost from Electric saw :

Total cost from Electric saw = Material cost + Renting cost of electric saw + Time of from job

Total cost from Electric saw = $500 + (6 × $20) + (6 × $8)

Total cost from Electric saw = $500 + $120 + $48

Total cost from Electric saw = $668

Computation of total cost from hand saw :

Total cost from hand saw = Material cost + Time of from job

Total cost from hand saw = $500 + (15 × $8)

Total cost from hand saw = $500 + $120

Total cost from hand saw = $620

Hand saw is cheaper.

5 0
3 years ago
Which of the following actions would likely raise homeowner's insurance premiums? Building the home in the floodplain of a river
natita [175]
Insurance is a coverage that assesses the risk of a certain item/person. If that item/person is in good condition, your insurance will be lower because it's less likely it'll get damaged. 
This is why if you have a bad driving history, your car insurance is high (as there is a high risk). 
If you were to instal an alarm, live in a safe neighbourhood or choose not to install a swimming pool you would actually reduce your insurance.
If you have an alarm, you are less likely to have stuff stolen (safer = less risk).
Living in a safe neighbourhood is safer = less risk.
Not installing a pool means your property remains the same value (putting a pool could increase it), higher risk of someone drowning in the pool, or hurting themselves. So by not building the pool, you'll have a safer environment = less risk.

If you build your house in a floodplain, the chance of your house getting damages by a flood is very very high, so you will have to pay more as there is an increased risk.


4 0
3 years ago
Read 2 more answers
Ravenshaw Corp. assigns its sales and marketing people to specific countries, regions, and districts. Ravenshaw Corp. is most li
maxonik [38]

Answer:

The correct answer is A) geographic organization .

Explanation:

A geographic organization of a corporation is a structure that is used more than anything else in the sales area, and where it seeks to massify and maximize the process of insertion and sale of a product taking into account the characteristics of each country. Experts with international experience are generally hired within this distribution, which allows for a more or less successful process, but not before carefully studying the market in order to achieve the proposed objectives.

6 0
3 years ago
A company is targeting its marketing by running an advertising campaign showing a hmong family celebrating its traditions during
salantis [7]

The area of the consumer decision that is being used by this company is the target of American culture, an ethnic subculture, and family.

<h3>What is consumer decision?</h3>

This is the term that is used to refer to the decisions that are being made by people in the consumption of goods and services.

People make these decisions based on their families, their culture and the area that they find themselves.

Read more on consumer decision here:

brainly.com/question/26636151

#SPJ1

6 0
2 years ago
Other questions:
  • You sell friendship bracelets. You have an agreement with your best friend, Georgina, who is a great artist in
    5·2 answers
  • To find out as much as you can about the market for your potential business, be sure to talk to 
    10·2 answers
  • Direct and Indirect Costs Kubin Company's relevant range of production is 18,000 to 22,000 units. When it produces and sells 20,
    5·1 answer
  • According to the information above, which of the following is an appropriate analysis of the sales from the paper supplier? Sele
    15·1 answer
  • Genent%E2%80%8B Industries, Inc.%E2%80%8B (GII), developed standard costs for direct material and direct labor. In%E2%80%8B 2017
    7·1 answer
  • A manufacturer of​ half-ton pickup trucks creates a positioning map for the U.S.​ half-ton pickup market. The position of each c
    11·1 answer
  • One major reason countries trade with one another is to:
    11·2 answers
  • Examine Alexa’s skill in ordering drinks from Starbucks
    6·1 answer
  • Portfolio management matrices are applied to what level of strategy?.
    11·1 answer
  • An argument for trade tariffs is that it protects infant industries.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!