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ruslelena [56]
4 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]4 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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Inventory records for Herb's Chemicals revealed the following: March 1, 2016, inventory: 1,000 gallons @ $7.20 = $7,200 Purchase
amid [387]

Answer:

correct option is A. $5,087

Explanation:

given data

March 1, 2016, inventory: 1,000 gallons @ $7.20 = $7,200

Purchases                                        amount                 Sales  

Mar. 10               600 gals @ $7.25      4350          Mar. 5 400 gals

Mar. 16               800 gals @ $7.30       5840          Mar. 14 700 gals

Mar. 23              600 gals @ $7.35        4410          Mar. 20 500 gals

                                                                                    Mar. 26   700 gals

total                         3000 @7.267          21800

cost of good sold   2300 @ 7.267         16714

so

balance is =  3000 - 2300 = 700 @ 7.267

ending inventory is $5087

so correct option is A. $5,087

7 0
3 years ago
Even though Yvonne is terrible at playing tennis, she could still consider it an interest of hers.
zhuklara [117]
This is true. She can learn the rules of the game, terms used, top tennis players, types of courts played on, the various tournaments, her favorite players.
Many people cannot play sports very well but still can be avid fans of the sport! Thank goodness!
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3 years ago
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When a dividend is not declared on preferred stock, and the common share­holders cannot receive a dividend until all past and cu
Lady_Fox [76]

Answer:

cumulative.

Explanation:

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4 0
3 years ago
Question: Do you think people have one true calling in life or are we all multipotentialites?
icang [17]

These people are held up as shining examples for the rest of us, and—while people like this certainly exist (no hate intended to the focused few!)—many of us simply don’t fit into their model. Through social cues and conditioning, we learn to believe in the romantic notion of the One True Calling: the idea that we each have one great thing we are meant to do with our life—OUR DESTINY!

What happens if you don’t fit into this framework? Let’s say you’re curious about several subjects, and there are many things you’d like to do with your life. If you’re unable or unwilling to settle on a single career path, you might worry that you don’t have One True Calling like everybody else, and that, therefore, your life lacks purpose.

It doesn’t. In fact, there is a very good reason for your tendency to shift between things, to devour new knowledge and experiences, and to try on new identities.

You are a multipotentialite

Have you been nodding your head along as you read? Good news! You are probably a multipotentialite: someone with many interests and creative pursuits. If this is the first time you’ve encountered the word, it might seem like a mouthful. If you have a hard time with multipotentialite or it doesn’t feel like a good fit for you, there are other options. Here are the most common terms for the kind of person we’re talking about:

Multipotentialite: someone with many interests and creative pursuits

Polymath: someone who knows a lot about many different things or a person of encyclopedic learning

Renaissance Person: a person who is interested in and knows a lot about many things

Jack-of-All-Trades: a person who can do passable work at various tasks; a handy, versatile person

Generalist: one whose skills, interests, or habits are varied or unspecialized

Scanner: someone with intense curiosity about numerous unrelated subjects (coined by Barbara Sher in her great book Refuse to Choose!)

Puttylike (adj.): able to embody different identities and perform a variety of tasks gracefully

There is no single way to be a multipotentialite. Some of us have a dozen projects on the go at once, others prefer to dive into a single subject for months or years, making it our sole focus until we switch to a new area entirely. A multipotentialite’s interests can occur simultaneously (several interests at one time), sequentially (one interest at a time), or anywhere in between.

To figure out your own place on this spectrum, think about your past interests, projects, and jobs. Notice any patterns? Do you tend to be interested in many different topics at once, or do you prefer to focus intently on one thing at a time before moving on to the next one (and then the next)? How many projects do you like to have on your plate at once, and how many is too many? Perhaps your capacity for taking on projects is like a stove: You have four pots on four burners; some are boiling on high while others simmer in the back. Maybe your metaphorical stove is more like the industrial range in a restaurant, with a griddle and an infinite number of projects sizzling away. Alternatively, maybe you have a campfire that produces one glorious blaze at a time.

4 0
3 years ago
A term describing a firm's normal range of operating activities is: (a) Relevant range of operations. (b) Break-even level of op
OLga [1]

Answer:

A firm's normal range of operating activities is relevant range of operations.

Explanation:

Relevant range of operations can be described simply as a firm or company's expected range of activities without any extreme economic conditions. It is the range where the firm operates in normal conditions. Within this range the firm's operations run smoothly. Outside this range revenue and expenditure may fluctuate from what was expected.

7 0
3 years ago
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