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ruslelena [56]
3 years ago
9

Dartford Company reported the following financial data for one of its divisions for the year; average investment center total as

sets of $4,100,000; investment center income $700,000; a target income of 12% of average invested assets. The residual income for the division is:
Business
1 answer:
Alexandra [31]3 years ago
4 0

Answer:

$208,000

Explanation:

Calculation for Dartford Company residual income

Using this formula

Residual income=Investment center income -(Target income percentage of average invested assets ×Average investment center total assets)

Let plug in the formula

Residual income =$700,000-(12%×$4,100,000)

Residual income =$700,000 - $492,000

Residual income =$208,000

Therefore The residual income for the division is: $208,000

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Answer: True

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True gives the answer to the question.

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A monopoly A. ​doesn't lose any sales when it raises its price. B. must have a patent to protect its products. C. produces the m
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A. ​doesn't lose any sales when it raises its price

Explanation:

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Euphrasia, a mixed open​ economy, was severely affected by a recession that almost paralyzed its service sector. The Euphrasian
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Answer:

E) Oil imports declined as countries exporting oil reduced supply.

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4 0
3 years ago
MC Qu. 84 Two investment centers... Two investment centers at Marshman Corporation have the following current-year income and as
dusya [7]

Answer:

The correct answer is 11.28%

Explanation:

Solution

Recall that:

                                          Investment center A    Investment center B

Investment center income    $ 530,000                $ 640,000

Investment center average

invested assets                     $ 4,700,000                $ 3,100,000

Now,

We calculate for return on investment (ROI) for Investment Center A

The ROI A=Investment center income/Average invested assets  which is

= (530000/4,700,000)

=11.28%

8 0
3 years ago
Question 7 (multiple choice)
Rufina [12.5K]
The answer is A. $297.99
367.99-45-25=$297.99
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