The Consumer Products Division's residual income in May is $1,300
<h3>What is residual income?</h3>
Residual income is the amount of money an individual or business has remaining after paying all expenses.
Given that:
Net operating income
= $81,300
Average operating assets
= $800,000
Minimum required return
= Average operating assets * Rate of return
= $800,000 * 10%
= $80,000
Residual income
= Net operating income - Minimum required return
= $81,300 - $80,000
= $1,300
Hence, the Consumer Products Division's residual income in May is $1,300
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Answer: $1.25
Explanation:
Cost of inventorying a single item:
= (Cost of computer + Cost to employ worker per hour) / Items inventoried per hour
= (100 + 25) / 100
= $1.25
When changes in the external environment starts affecting the internal function or progress towards the goal of the firm, it will increasingly force managers to be proficient
Answer: c. 50%
Explanation:
I included a picture of the question to show you the rest of it as it is in graph form.
We can use the Quantity Theory if money to answer this.
It holds that MV = PY
M = quantity of money,
P = the price level,
Y = total output
V = velocity,
According to the theory, a change in M would lead to a change in P if V and Y are held constant.
Inflation would therefore be the change in M in percent.
= 15000 - 10 000 / 10 000
= 0.50 * 100
= 50%
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The answer to this question is "VALENCE" such as when the HR Manager told Jim that the company pays the total health insurance costs for a family of four and as a single man, this benefit did not seem especially important and significant to him right now. Here, then Jim is a low on the valence element of the expectancy theory.
