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
nataly862011 [7]
2 years ago
10

The West Division of Cecchetti Corporation had average operating assets of $240,000 and net operating income of $42,200 in Augus

t. The minimum required rate of return for performance evaluation purposes is 19%. What was the West Division's residual income in August
Business
2 answers:
MrRissso [65]2 years ago
7 0

Answer:

Correct answer is $45,600

Explanation:

Average operating assets x Minimum required rate of return= $45,600 $240,000 * 19% = $45,600

professor190 [17]2 years ago
5 0

Answer: See explanation

Explanation:

West Division's residual income in August would be calculated as the difference between the Net Operating Income and the Minimum Required Return.

= $42,200 – ($240,000 x 19%)

= $42,200 - $45,600

= $(3,400) Negative

You might be interested in
Mary makes 10 pies and 20 cakes a day and her opportunity cost of producing a cake is 2 pies. Tim makes 20 pies and 10 cakes a d
monitta

Answer:

If Mary and Tim specialize in the good in which they have a comparative​ advantage, ______.

Mary would specialize in making cakes while Tim would specialize in making pies.

Explanation:

a) Data and Calculations:

Mary's opportunity cost of making a cake = 2 pies

She can make additional 5 (10/2) cakes instead of making pies

This will increase her cakes to 25 a day (20 + 5)

Tim's opportunity cost of making a cake = 4 pies

She can make additional 40 pies (10 * 4) instead of making cakes

This will increase her pies to 60 pies a day (20 + 40)

When they specialize there will be 25 cakes and 60 pies produced in a day instead of 30 cakes and 30 pies.

5 0
3 years ago
A jewelry store promises to deliver custom-made wedding rings to a buyer within 2 weeks. However, it charges ten percent of the
Serggg [28]

Answer:

The correct answer is letter "B": It is taking deposits and progress payments.

Explanation:

Advance deposits and progress payments are the amount of money taken by an organization as part of the total amount charged for a good or service that is going to be provided. It is a form of endorsement that proves the buyer has a real intention in acquiring the good or service but also helps the organization to have immediate cash flow to pay for expenses such as the raw material that will be used for production (in the case of a good).

8 0
3 years ago
An event management company is considering the position of head of customer relations. Among the group leaders, Ms Hoa Mr Lam ar
svetlana [45]

Answer:

ms Hoa

Explanation:

Ms Hoashould be chosen because she is an agile active person who has extensive relationships with customers and because the company is looking for a person to head the customer relations department she is better candidate than mr Lam

3 0
2 years ago
Read 2 more answers
NBB seemed to agonize over the use of the word "folly" in its advertising campaign. What do you make of the company's struggle w
Tresset [83]

Answer:

The word folly can best be defined as the lack of good sense/judgment or foolishness.

Explanation:

Advertisements are meant to create a positive impact in the minds of the people who view them. It is actually meant to provide more information about the product and the features that will benefit potential customers. It is thus important to use the right words, which wouldn’t have any negative words involved in it.

I feel the use of the word'' folly'' is not a good one, it's not sending the right messages to people, and it's not also achieving its main purpose.

8 0
2 years ago
If Inga Ingerton's property, valued at $35,000, is assessed at 40% of its value, and the mill levy is 8.3%, then what is Inga's
Eddi Din [679]

Inga Ingerton's assets price = $35,000, ; Assessed fee = 40% = 0.forty, ; mill levy rate = 83, ; Inga's annual tax on belongings = $14,000 x zero.083.

Annual taxes are generally designed to price for a mixture of interest or repute of a person for a tax yr. A tax year usually is much like a calendar year however it is able to additionally be a 12-month duration whenever a central authority corporation wants to control a given annual tax. Annual taxes are not limited to one level of government.

In a nutshell, to estimate taxable earnings, we take gross income and subtract tax deductions. what's left is taxable profits. Then we practice the ideal tax bracket (based totally on earnings and filing popularity) to calculate tax legal responsibility.

The costs observe in taxable profits—adjusted gross income minus both the usual deduction or allowable itemized deductions. profits as much as the same old deduction (or itemized deductions) is for that reason taxed at a 0 price. Federal profits tax quotes are progressive: As taxable income will increase, it's far taxed at better fees.

Learn more about annual tax here: brainly.com/question/26316390

#SPJ4

5 0
1 year ago
Other questions:
  • A borrower has applied for a refinance on her property valued at $235,000. She currently has a HELOC with a $47,000 limit and cu
    9·1 answer
  • Gabriele Enterprises has bonds on the market making annual payments, with nine years to maturity, a par value of $1,000, and sel
    6·1 answer
  • Candy Emporium is a legal entity whose assets and liabilities are separate from its owners. It can receive, own, and transfer pr
    14·2 answers
  • Sam buys 100 shares of Acme stock at $100 per share on January 1, Year 1. At the end of the first year (December 31, Year 1), sh
    12·1 answer
  • Which of the following statements is true of effective business communication? Group of answer choices The communication is most
    9·1 answer
  • Calculate net worth using the following information. Assets Liabilities car - $3,500 car loan - $3,000 savings account - $1,000
    15·2 answers
  • Zipcar’s goal is to have an available zipcar located within 10–15 minutes of its members. This is an example of what component o
    14·1 answer
  • Halima wants a Manufacturing career. She wants to be very successful and get paid well. Which career pays the
    6·2 answers
  • Put the following statements in the correct order to summarise the sequence of events in moving from the short-run to the long-r
    7·1 answer
  • List two examples of items that could be used as collateral for a secured loan.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!