Answer:
the residual income for the division is $46280
Explanation:
given data
operating income = $62,240
assets = $228,000
return on assets = 7%
to find out
What is the residual income for the division
solution
we get Residual income for the division that is express as
Residual Income = Income from operations - ( Minimum required return × Operating Assets) .......................1
put here value we get
Residual Income = $62,240 - ( 7% × $228,000 )
Residual Income = $62,240 - $15960
Residual Income = $46280
So the residual income for the division is $46280
Answer:
Matching Statements to Appropriate Terms:
Price-earnings ratio = Profitability Ratio
Return on Assets = Profitability Ratio
Accounts Receivable Turnover = Liquidity Ratio
Earnings per share = Profitability Ratio
Payout ratio = Profitability Ratio
Working capital = Liquidity Ratio
Current ratio = Liquidity Ratio
Debt to Assets = Solvency Ratio
Free Cash Flow = Solvency Ratio
Explanation:
Profitability Ratios are one of the classes of financial metrics that measure a business's ability to generate earnings relative to its revenue, operating costs, assets, or shareholders' equity during a period of time.
Liquidity Ratios measure the ability of the company to pay its maturing short-term debt obligations from its current assets. They include the working capital, the current ratio, and the acid-test ratio.
Solvency Ratios measure the ability of the company to pay its maturing long-term debt obligations from its assets.
Gifts would be classified as an unearned source of income
Answer:
B. Grouting
Explanation:
These are the options for the question;
A. Epoxy resin
B. Grouting
C. Tensioning
D. Ranging
In the case of dormant cracks wider than about 1m, it is more economical to use grouting method.
Grouting techniques is a techniques that is achieved by removal of dirt or unwanted substance from the crack of the the faulty part and then grouting of the crack after which the surface is sealed by sealants. It should be noted that grouting is economical than other methods such as surface treatment.
Answer:
C. If federal taxes are decreased will consumer spending increase?
Explanation:
One keen question that falls under the domain of macroeconomics is the behavior of consumer spending when taxes are decreased.
- Macroeconomics presents approaches the study of the economy in a holistic way.
- Every aspect of the economy is considered before strategic economic decisions are taken.
- Interest rates, inflation, unemployment rate, foreign trade etc. are all categorized under macroeconomics.
