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
kipiarov [429]
3 years ago
11

If net operating income is $34,000, average operating assets are $204,000, and the minimum required rate of return is 15%, what

is the residual income
Business
1 answer:
VladimirAG [237]3 years ago
3 0

Answer:

The residual income is $3,400.

Explanation:

Residual Income is calculated as Profit less Return on investment.

Net operating income                                            $34,000

Less Return on Investment ($204,000 × 15%)    ($30,600)

Residual income                                                       $3,400

Conclusion:

The residual income is $3,400.

You might be interested in
Mike and Sandy are two woodworkers who both make tables and chairs. In one month, Mike can make 4 tables or 20 chairs, where San
mylen [45]
C 5 tables for mike and 1/3 table for sandy
3 0
3 years ago
When creating a data backup plan or policy, what five basic questions should be answered?
Tresset [83]
Each establishment, whether small or big, government-owned or private companies, always have to backup their files in case of emergencies. As you make your backup plan, you must come across these five basic key questions:

1. Are you backing up all your data? You have to sort your files to be backed up because storage can be limited.

2. How often is your data backed up? You must make sure to back up your data on a regular basis, if not day-to-day.

3. Who is responsible for your backups? For big companies, it is too big of a task for one person to shoulder. Usually, this is tackled by a department, usually the I.T. Department.

4. Do your backups actually work? You should test regularly if these back ups actually work by restoring data files every now and then.

5. Do you have right backup checks and balances in place? The I.T Department tackling backup plans is one thing. But there should also be checks and balances so that you have a backup of your backup. It's better to be safe than sorry.
6 0
3 years ago
Company A considers buying company B by means of a tender offer. Company B will accept any offer of A which reflects a fair valu
Evgen [1.6K]

Answer:

the price per share in the case when A offers B is $200

Explanation:

The computation of the price per share is as follows:

The fair value is

= ($60 + $120) × 50%

= $90

The 50% represent the percentage of equally

Now the price per share is

= $90 + $90 + $20

= $90 + $110

= $200

Hence, the price per share in the case when A offers B is $200

The same is to be considered

3 0
3 years ago
After a kick-off session and six contentious weekly team meetings, Lola is struggling to align her team around common expectatio
Amiraneli [1.4K]

Answer:

storming

Explanation:

Based on Bruce Tuckman’s theory of team development it seems that Lola's team is currently in the storming phase of the evolution process. This is the second phase in the process, in which individuals are still showing hostility towards one another and have not have not fully assigned or understand each persons role in the team. This leads to resisting control from any authority within the group, and prevents team goals from being achieved.

7 0
3 years ago
MacKenzie Company sold $640 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 5.5% serv
Ne4ueva [31]

Answer and Explanation:

The Journal entry is shown below:-

Cash Dr, $604.80 ($640 × 5.5%)

Card Expense $35.20

            To Sales $640

(Being sale is recorded)

Here we debited the cash and expenses as assets are increasing also it increased the expenses On the other hand it also increased the sales. Also assets and expenses contains normal debit balance and the sales revenue contains normal credit balance

6 0
3 years ago
Other questions:
  • Mark Ventura has just purchased an annuity to begin payment two years from today. The annuity is for $8,000 per year and is desi
    13·1 answer
  • A furniture company is producing two type of furniture. Product A requires 8 board feet of wood and 2 Ibs of wicker. Product B r
    9·1 answer
  • Financial statements does not cover a period of time but rather reports amounts at a specific point in time?
    9·1 answer
  • Davison Toaster Corp. sells its products for $250 per unit. It has the following costs:
    13·1 answer
  • Plzzz help (use attached photo)
    13·1 answer
  • Suppose that the labor market for life guards is initially in equilibrium. Then swimming pool owners adopt a new labor-saving te
    10·1 answer
  • The graph above shows how the price of video games varies with the demand quantity. Suppose that the price of video games is set
    8·1 answer
  • Susmel Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 Cash flo
    9·1 answer
  • You contract to purchase 100 widgets at $100 each. The supplier backs out of the contract. If you are able to purchase, on the o
    10·1 answer
  • the preferred type of retirement account for the typical college students working a part-time low-wage job would generally be:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!