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Harman [31]
3 years ago
6

Residual Income The Commercial Division of Galena Company has operating income of $62,240 and assets of $228,000. The minimum ac

ceptable return on assets is 7%. What is the residual income for the division?
Business
1 answer:
postnew [5]3 years ago
5 0

Answer:

the residual income for the division is $46280

Explanation:

given data

operating income = $62,240

assets = $228,000

return on assets = 7%

to find out

What is the residual income for the division

solution

we get Residual income for the division that is express as  

Residual Income = Income from operations - ( Minimum required return × Operating Assets)     .......................1

put here value we get

Residual Income = $62,240 - ( 7% × $228,000 )

Residual Income = $62,240 - $15960

Residual Income = $46280

So the residual income for the division is $46280

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6 0
2 years ago
Harry Corporation's common stock currently sells for $180 per share. Harry just paid a dividend of $10.18 and dividends are expe
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Answer:

$190.64

Explanation:

Data provided in the question:

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Now,

The dividend for the following year to the next year, D1 = $10.18 × (1 + g)ⁿ

here, n = 2 ( i.e the duration of next year and the following year )

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or

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Therefore,

Price of stock one year from now = \frac{\textup{D1}}{\textup{(r-g)}}

= \frac{\textup{11.438}}{\textup{0.12-0.06}}

= 190.637 ≈ $190.64

7 0
3 years ago
Recent trends that might lead managers of multinational corporations (MNCs) to adopt a more decentralized strategy for their ope
Assoli18 [71]

Answer:

The correct answer is <em>customer needs, interests, and tastes becoming increasingly homogenized.</em>

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As the economic recovery is consolidated, many organizations are taking stock of the strategy followed in terms of centralization / decentralization and begin to consider that it can be a good time to bet on decentralized management in areas such as human resources and human resources management. talent.

Decentralized management can be interpreted as a loss of control by the HR management, because it implies a greater degree of autonomy of the various work centers, by now making the zone managers decisions without involving the entire chain of command, as usual.

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What is scope of MBBS in Nepal​
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