User Account

All Pages

Compute operating income for rim and tip

Assignment Help Cost Accounting
Reference no: EM13329429

Assume that next year, Research in Motion sells off its interest in TIP Communications (one of its subsidiaries). Forecasted information about the operations for RIM and TIP for that future fiscal year immediately prior to the proposed sale follows:

*Does not include TIP results. Includes cost of goods sold

191_Compute operating income for RIM and TIP.png

Required:

1. Compute operating income for RIM and TIP, separately, and the total operating income for both.

2. If the results in part 1 for TIP are typical, why do you believe RIM decided to sell off its interest in TIP?

Reference no: EM13329429

Questions Cloud

Define the ph of the buffer after the addition of naoh : What is the pH of this buffer? pH = (b) What is the pH of the buffer after the addition of 0.56 mol of NaOH? (assume no volume change) pH = (c) What is the pH of the original buffer after the addition of 0.30 mol of HI? (assume no volume change) p..
What is the default risk premium on the corporate bond : A Treasury bond that matures in 10 years has a yield of 6%. A 10-year corporate bond has a yield of 9%. Assume that the liquidity premium on the corporate bond is 0.5%.
Evaluate the standard enthalpy of formation of gaseous : Calculate the standard enthalpy of formation of gaseous carbon dioxide (CO2) using the following thermochemical information: 2 C(s) + H2(g) C2H2(g) H = +226.8 kJ 2 C2H2(g) + 5 O2(g) 4 CO2(g) + 2 H2O(l) H = -2599.3 kJ 2 H2O(l) 2 H2(g) + O2(g) H = +..
How many years will it take them to save up the amount : Ralph and Alice would like to have $22000 for a down payment on a house. Their budget only allows them to save $269.37 per month. How many years will it take them to save up the desired amount of $22000
Compute operating income for rim and tip : Compute operating income for RIM and TIP, separately, and the total operating income for both and if the results in part 1 for TIP are typical, why do you believe RIM decided to sell off its interest in TIP?
Often it is claimed that banks create money by making loans : Often it is claimed that banks create money by making loans. How can commercial banks create money? Is the government the only institution that can legally create money?
Determine appropriate after-tax cost of new debt for triplin : Triplin Corporation's marginal tax rate is 35%. It can issue 10-year bonds with an annual coupon rate of 7% and a par value of $1,000. After $12 per bond flotation costs, new bonds will net the company $966 in proceeds
Define what are the equilibrium partial pressures of hbr : At 5 oC the equilibrium constant for the reaction: 2 HBr(g) H2(g) + Br2(g) is KP = 2.80e-16. If the initial pressure of HBr is 0.00991 atm, what are the equilibrium partial pressures of HBr, H2, and Br2? p(HBr) = . p(H2) = . p(Br2) =
What is the magnetic field at the center of the coil : A coil of four circular loops of radius 3.0cm carries a current of 5.0A clockwise, What is the magnetic field at the center of the coil

Reviews

Write a Review

Cost Accounting Questions & Answers

  Calculate elaine current basic in her partnership interest

Elaine's original basic in the hornbeam partnership was 25,000. her share of the taxable income from the partnership since she purchase the interest has been 100,000 and Elaine has received 75000 in cash distribution from the partnership.

  Make an income statement for the year ended

Discuss, with reasons, which accounting concepts and conventions you have used in the preparation of the financial statements.

  Prepare a schedule that shows the relevant cost

Prepare a schedule that shows the relevant cost of operating the existing equipment versus the cost of operating the new equipment for a four year time period - Should the existing equipment be replaced based upon your quantitative analysis? Explai..

  Evaluate the cost per equivalent unit for materials

Evaluate the cost per equivalent unit for materials and conversion costs. Determine the cost of items completed during November and determine the cost of ending Work in Process.

  What were the profits of the commercial

What were the profits of the commercial and the residential services using labor-hours as the allocation base?

  Evaluate tax savings from the special tax treatment

Daniel's marginal tax rate is 35% and he has $120,000 of other capital gains (taxed at 15 %), evaluate the tax savings from the special tax treatment?

  What is mikes net casualty and theft loss deduction

Assume also that in November 2013 Mike's home was burglarized. Mike's antique music box collection held for investment was stolen. Mike's basis in the collection was $8,000 and it was worth $15,000 at the time it was stolen.

  Evaluate what was the variable overhead efficiency variance

The standard hours allowed for the definite output of the month totaled 7,070 machine-hours. Evaluate what was the variable overhead efficiency variance for month?

  Entry level management accountant

You have been employed as a entry level management accountant for a little under a year. You suspect that your immediate supervisor is involved in a significant fraud involving diverting of company assets to personal use. Briefly describe the step..

  What obligation do you have to help her

What obligation do you have to help her and how can you help her and should be two pages long APA format with IRS coodes and accounting rules with your decision.

  Evaluate managements discussion and analysis

Evaluate managements discussion and analysis

  Find the labor efficiency variance

The standard costs and actual costs for direct materials, direct labor, and factory overhead for the manufacture of 2,500 units of product and find the labor efficiency (quantity) variance

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd