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
diamong [38]
3 years ago
11

Payne Company reported the following information for the current year: Sales $ 840,000 Average operating assets $ 340,000 Desire

d ROI 12 % Net income $ 54,000 The company's residual income was: Multiple Choice $40,800. $6,000. $13,200. $19,200.
Business
1 answer:
const2013 [10]3 years ago
4 0

Answer:

Residual income will be $13200

So option (c) will be correct answer

Explanation:

We have given Sales = $840000

Average operating assets = $340000

Desired ROI = 12%

Net income = $54000

We have to find the residual income

Residual income is given by

Residual income = Net income - ( Average operating assets× desired ROI )

= $54000 - ( $340000 ×0.12 ) = $13200

So option (c) will be correct answer

You might be interested in
Find the coefficient of variation (to the nearest tenth percent) of the following (1,2,3,4,5).​
katen-ka-za [31]

Answer:

52.7%

Explanation:

Coefficient of variation= \frac{standard deviation}{mean} times 100%

                                      = \frac{1.58113883}{3} times 100%

                                      = .5270462767 times 100%

                                      = 52.704627667

Which rounded to the nearest tenth percent is 52.7%

4 0
3 years ago
Read 2 more answers
different levels of planning in supply chain operations management include: group of answer choices general and detailed plannin
Mashcka [7]

Different levels of planning in supply chain operations management include strategic, tactical, and operational planning.

In the corporate world, supply chain can be taken for granted. Realizing that the supply chain is the cornerstone of any operation or business is crucial. Supply chain management is divided into three levels: strategic, tactical, and operational. Together, these levels handle all the choices necessary to timely deliver high-quality goods to clients at the lowest possible cost while generating the most possible income.

Examining the three levels of supply chain management the strategic level, the operational level, and the tactical level will help you better grasp the many stages of supply chain management and how they affect one another.

To know more about Supply chain visit:

brainly.com/question/28168252

#SPJ4

3 0
1 year ago
Donna is a very smart accountant. She is friendly and outgoing but sometimes she gets distracted and does not turn in her work o
Pachacha [2.7K]

Donna is lacking <u>motivation</u>.

The reason is Donna having a friendly quality, if you having this quality then you can build a trust in your leadership. and also Donna is a very smart personality which ensures it's positivity and dependability.

6 0
3 years ago
Apple is known for its innovation. It conducts in-depth marketing research to determine what customers want. Its electronic devi
Lyrx [107]

Answer:

Market orientation

Explanation:

Market orientation is defined as a philosophy that focuses on identifying consumer needs and implementimg strategies to meet them. A company like Apple designs and produces goods that will satisfy consumer needs.

Market orientation consists of decision-making, market intelligence, culturally based behaviour, strategy, and customer orientation.

Apple conducts in-depth marketing research to determine what customers want. Its electronic devices are constantly upgraded so customers can purchase the newest models.

They are a company focused on market orientation.

7 0
3 years ago
One of the key features of capitalism is Answer favoritism. cooperation. inequality. competition.
jok3333 [9.3K]
Competition between producers is essential to capitalism.
7 0
3 years ago
Other questions:
  • Blythe Industries reports the following account balances: inventory of $417,600, equipment of $2,028,300, accounts payable of $2
    14·1 answer
  • You sell one Huge-Packing August 50 call contract and sell one Huge-Packing August 50 put contract. The call premium is $1.25 an
    14·1 answer
  • Dakota Company experienced the following events during Year 2.
    5·1 answer
  • One problem that communication, learning, and employee involvement have in minimizing resistance to change is that they:________
    14·1 answer
  • Which best describes the Hospitality and Tourism career cluster?
    6·1 answer
  • What is the base of Selection Process?
    6·1 answer
  • When forecasting the effect of a change in economic policy, reasonable economists will get different forecasts based on slight d
    7·2 answers
  • What is the ending inventory for period 8 when the MPS is 0 units?
    8·1 answer
  • Sophie Company is considering closing one of its product lines. Current data on the product line are as follows. Sales revenue $
    12·1 answer
  • g at the close of its first year of operations, december 31, 2020, delaware company reported net realizable value of accounts re
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!