Answer:
A. $625,000
Explanation:
We know that,
Residual income = Average operating assets × (Return on investment - Minimum Required Rate of Return)
$50,000 = Average operating assets × (20% - 12%)
$50,000 = Average operating assets × 8%
So, the average operating assets would be
= $50,000 ÷ 8%
= $625,000
We simply apply the formula by considering all the items which are given in the question
Analytical and critical listening.
Analytical listening involves the meaning and interpretation of the topic, whereas critical listening focuses on understanding the technical aspects of the lectures and talks.
Answer:
Prado: $10,000
Nicks: $20,000
Explanation:
when you look at it Prado always gets less then Nicks so you just give Nicks more
Answer:
Date Account titles and Explanation Debit Credit
Bad Debt Expense $8,400
Allowance for doubtful account $8,400
($9,600 credit required - $1,200 already existing)
(To record bad debt expenses)
Particulars Amount
Account receivables $307,200
Less: Allowance for doubtful account <u>$9,600</u>
Net amount of accounts receivable <u>$297,600</u>
Answer:
management strategy
Explanation:
By improving the companies management strategy the the manager in trevor's company would be able to gain competitive advantages and also achieve the companies objectives with the required resources.
