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Licemer1 [7]
3 years ago
10

Avocado Company has an operating income of $108,000 on revenues of $1,054,000. Average invested assets are $505,000 and Avocado

Company has an 8% cost of capital. What is the residual income
Business
1 answer:
TEA [102]3 years ago
5 0

Answer:

$67,960

Explanation:

Residual income = Operating income - (Average invested assets * Cost of capital)

Residual income = $108,000 - ($500,500 * 8%)

Residual income = $108,000 - $40,040

Residual income = $67,960

Thus, the residual income is $67,960

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6 0
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Explain the importance of office for an organization long answer
Flura [38]

Answer:

The answer to this question is given below in this explanation section.

Explanation:

                  " importance of office for an organization"

An office is the center point of organization.It is a place to perform different activities of a business organization.The office is the brain of the whole organization.The office performs a critical function such as information collection,collection,recording analyzing distribution of information and executive function such as planning,organization,policies formulation,decision making etc.

It is used by management for the purpose of planning,organizing,staffing,directing,and controlling.Office not only keep record of information  but also pay the role of reliable channel of communication the information.It is required for smooth functioning of the organization.

Proper organisation facilities the intensive use of human capital.Organization stimulates creativity.By providing well defined areas of work and ensuring delegation of authority,Organization provides sufficient freedom to the managers and encourages their initiative,independent thinking and creativity.

6 0
3 years ago
Which of the following is an example of an ethical standard you may find in
sp2606 [1]
B) bribing government officials
5 0
3 years ago
fter 15 years of employment in the airline industry, John started his own consulting company to use physical and computer simula
MA_775_DIABLO [31]

Answer:

The answer is "9%".

Explanation:

Please find the complete question in the attached file.

The formula for calculating the net return rate:

\to \text{Net return rate= MARR - Capital Cost}

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3 0
3 years ago
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Anarel [89]

Answer:

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Social computing is everywhere, from the e-mails to the use of the social media, advertisements and use of blogs among several others. Social computing therefore is not just used by organisations for only a single function but it is now integrated into most if not all the functions of businesses.

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