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
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

You might be interested in
Shannon Reeves and Tish Phillips remember their experiences with student protests in the 1960s. Shannon remembers seeing Jimi He
NeTakaya

These memories about cultural heroes and events are one of the chief characteristics of an age <u>cohort</u>.

<h3>What does a cohort mean?</h3>

A cohort is a group of people who have similar demographic traits or life experiences, such as age but not exclusively. Cohort effects are typically masked by age in cross-sectional research. Cohorts can be, for instance: individuals who had children in the same year. People who retire simultaneously.

<h3 /><h3>What characteristics do cohort study have?</h3>

The distinguishing characteristic of a cohort study is that the researcher selects participants at a time when they do not yet have the desired outcome and examines the occurrence of the desired outcome between groups of exposed and unexposed (or less exposed) people.

To know more about the cohort study, visit:

brainly.com/question/29654815

#SPJ4

5 0
1 year ago
What are three skills you are likely to need as an entrepreneur?
finlep [7]
Networking skills,organization skills, listening skills, and speaking skills hope that helps
5 0
2 years ago
Read 2 more answers
Rotato, a U.S. tire company, produces a set of tires at a plant in Michigan on September 16, 2019. It sells the set of tires to
anygoal [31]

Answer:

Excluded from GDP

The production of the set of tires does not included on the GDP as it is referred to as an intermediate goods which are used to produce the final product (which is the two door coupe, in this case).

Explanation:

Gross domestic Production (GDP) represent the total production of a nation within its domestic borders. Some of the items that are excluded in GDP include: sales of goods that were produced outside the domestic borders of the country, intermediate goods that are used to produce other final goods, sales of used goods, illegal sales of goods and services (black market) and transfer payments made by the government

6 0
3 years ago
The weekly incomes of shift foreman for a given industry follow a normal probability distribution. With a mean of $1,000 and a s
mylen [45]

Answer:

There is a 0.2419% for a foreman to earn either $1,100 or $900

Explanation:

We calculate the probability of a normal distribution of 0;1

(X-mean)/deviation = Z

(1,100 - 1,000)/100 = 100/100 = 1

900 - 1,00/100 = -100/100 = -1

Given the zame Z value, we have the same probability of a foreman to earn 1,100 or 900

As we are asked for the foreman salary, wewill calcualte the Z for non cumulative, just the probability of a foreman to earn 1,100 or 900 dollars.

We look into the normal distribution table for the value of z = -1 or 1

0.002419707  = 0.2419%

4 0
3 years ago
Glace has a ______ consistency. A. creamy B. jelly-like C. watery D. thick
kari74 [83]
Glace has a glossy surface, and when frozen, appears like hard gelatin. I would have to say it is D. Thick.

Hope that helps!
8 0
3 years ago
Read 2 more answers
Other questions:
  • Identify all of the correct statements:
    7·1 answer
  • Eric is an inventory manager at a garment manufacturing firm. How should he plan the ordering of inventory? A. He should order l
    10·1 answer
  • Firms in a monopolistically competitive industry produce: a) homogeneous goods and services. b) differentiated products. c) mono
    9·2 answers
  • If manufacturing overhead has been underallocated during the period, then which of the following is true?(a) the jobs produced d
    10·1 answer
  • After a fairly short plane ride from new york city, irving found himself on a dusty road with goats, chickens, and motor scooter
    5·1 answer
  • A(n) ______ is a network that links the intranets of business partners via the Internet in such a way that the result is a virtu
    7·1 answer
  • C
    13·1 answer
  • In the sentence They discussed four important issues at the meeting, the word at is a(n) ____.
    6·1 answer
  • The direct result of disaggregating the aggregate plan is the Multiple Choice marketing plan. production plan. material requirem
    13·1 answer
  • ________________ analyzes how we choose to use our resources on an aggregate (national)level and includes measures of performanc
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!