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Misha Larkins [42]
3 years ago
14

The Federal Application for Student Aid (FAFSA) form:

Business
1 answer:
jarptica [38.1K]3 years ago
3 0
Sorry im new to this
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Investment Center Net Income Average Assets Cameras and camcorders $ 6,900,000 $ 29,000,000 Phones and communications 1,548,000
Yanka [14]

Answer:

Residual Income = Net Income minus (target income)

Target income = rate of returns x operational Assets

A.

Cameras and camcorders investment centre

Residual income = 6,900,000 - (12% x 29,000,000)

= $3,420,000

B.

Phones and communications investment centre

Residual income = 1,548,000 - (12% x 12,900,000)

= $0

C.

Computers and accessories investment centre

Residual income = 800,000 - (12% x 16,600,000)

= -$1,192,000

5 0
3 years ago
Unit-Based Versus Activity-Based Costing Fisico Company produces exercise bikes. One of its plants produces two versions: a stan
swat32

Answer:

Attached is the tabulated calculation.

3 0
3 years ago
Google provides a 1 year warranty on its cell phones. At the end of 2019 Google estimates they will spend $2m in 2020 to repair/
DochEvi [55]

Answer:

DR Warranty Payable $1.9m; CR Cash $1.9m.

Explanation:

When a company creates a payable it is obligated to pay a certain amount within a particular period.

In this case Google provides a 1 year warranty on its cell phones, so any claims that will attract repair or replacement is a payable obligation.

In the year 2019 they actually paid $1.9 million for repairs and replacements.

So the journal entry to be passed is DR Warranty Payable $1.9m; CR Cash $1.9m.

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3 years ago
Roughly two-thirds of all lobbyists in the nation's capital represent
lapo4ka [179]

Answer:

c

Explanation:

7 0
3 years ago
Which two quantities does a budget balance?
FrozenT [24]
Income and spending..
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