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sdas [7]
3 years ago
10

Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,280,00

0; sales of $4,705,000; cost of goods sold of $2,730,000; and operating expenses of $1,552,000. Assume a target income of 8% of average invested assets. Compute residual income for the division: $158,000. $38,100. $80,600. $33,840. $90,600.
Business
1 answer:
guapka [62]3 years ago
4 0

Answer:

Residual Income                             $80,600

Explanation:

Residual income = Operating income - Equity charge.

First lets calculate the operating income,

Sales                                               4,705,000

Less Cost of goods sold                (2,730,000)

Gross profit                                     1,975,000

Less operating expense                (1,552,000)

Operating income                            423,000

Equity charge (4,280,000*0.08)     (342,400)

Residual Income                               $80,600

Hope that helps.

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Town A, in one hour, can produce either 4 hotdog buns, or 10 sausages. Town B, in one hour, can produce either 8 hotdog buns, or
katrin [286]

Answer:

The answer is 27 hours

Explanation:

Solution

The Comparative advantage depends on  production of the lower opportunity cost

The opportunity cost of a production is =maximum production of other good /maximum production of the good

Now,

The opportunity cost of hot dog bun for town A =10/4=2.5

Thus,

The opportunity cost of hot dog bun for town B=6/10=0.6

So,

The  town B has a comparative advantage in hot dog buns and A in sausages

Town A will produce-only sausages and it will take the time of  

time in hours =total required a quantity of the good /number of products in an hour

Now,

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The time for Town B for hot dog buns=120/8=15 hours

Therefore, The total time =12+15=27 hours.

6 0
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zhannawk [14.2K]

Answer: 0

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The revenue that is recognized on the March income statement will be 0. This is because the delivery was in April and none took place in March.

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Which of the following is a condition necessary to exclude an obligation from current liabilities? Entry field with incorrect an
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Answer:

The answer is: Obligation that has a distant due date exceeding company's operating cycle.  

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Answer:

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8_murik_8 [283]
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