Answer:
Residual Income = $6,000
Explanation:
Residual income is the excess income of a firm leftover the opportunity cost of capital or over the desired income.
Given,
The minimum rate of return 12%
Average operating assets = $300,000
Net operating income = $42,000
We know,
Residual Income = Net Operating Income - (Average operating assets x the minimum rate of return)
Residual Income = $42,000 - ($300,000 x 12%)
Residual Income = $42,000 - $36,000
Residual Income = $6,000
Answer:
a. True
Explanation:
The sole proprietorship and partnerships outnumber corporations in United States but they net fewer sales and less income than corporations, individually and when combined.
A business level strategy primarily details the goal-directed actions managers take in their quest for competitive advantage when competing in a single product market.
Producers, as define in economics, as the person who makes the commodity ready for the market. This are people who manufacture raw materials to make it something that others are demanding or wanted. They are somewhat part of the supply side of the economy.
Answer: EMPATHY
Explanation: Empathy can be defined as the ability of an individual to understand the feelings of other individuals. It is the capacity of experiencing the difficulties that the others are facing.
In the given case, Emily works in an orphanage and believes what she do is important. Emily understands the feeling of loneliness that those orphan children experiences even though she is not an orphan herself. Hence , we can conclude that she is reflecting empathy.
