Determine which regional managers should receive bonuses

Assignment Help Accounting Basics
Reference no: EM131782519

Question - Peter, Inc. is the leading food distributor in the nation. The company is organized by geographical regions and each region is treated as an investment center for evaluation purposes. The following quarterly information is available:

North......East.....South.......West

Sales..................175,000..210,000...150,000....120,000

Net Income.. 83,305.. 97,366....37,405... 29,924

Total assets... 1,000,000.1,500,000. 800,000. 1,250,000

Current liabilities. 135,000. 600,000..433,000. 850,000

Required:

1. Determine which regional managers should receive bonuses if bonuses are awarded to regional managers whose return on investment (ROI) exceeds 10%. Be sure to show all your work. (This company defines invested capital as total assets)

2. Determine which regional managers should receive bonuses if bonuses are awarded to regional managers whose return on investment (ROI) exceeds 10%. Be sure to show all your work. (this company defines invested capital as total assets minus current liabilities)

3. Determine which regional managers should receive bonuses if bonuses are awarded to regional managers whose residual income exceeds 12%. Be sure to show all your work (defined same as #1)

Reference no: EM131782519

Questions Cloud

Explain what is the firms cost of preferred stock : Explain what is the firm's cost of preferred stock? What sources of capital should be included when you estimate Jana's weighted average cost of capital?
Journalize the transactions : Jan. 3. Split the common stock 2 for 1 and reduced the par from $50 to $25 per share. Instructions - Journalize the transactions
Discuss make all entries on the books of martinez company : Make all entries on the books of Martinez Company that are involved in the transactions above
Create a function to take two numbers : Create a function to take two numbers (any type) and output their sum.
Determine which regional managers should receive bonuses : Determine which regional managers should receive bonuses if bonuses are awarded to regional managers whose residual income exceeds 12%
Discuss compute the income that each must report to ca : Use the following worksheet to compute the income that each must report to CA if B has rental income
Sort an array of n integers in ascending order : Write a C++ function select sort that will sort an array of n integers in ascending order. Here is a selection sort algorithm that is so named.
Solve the problem for the base-velocity excitation of : Solve the problem for the base-velocity excitation of and verify a few of the points on the spectra.
What is the book value of the machine on january : The machine was sold on January 5, 2007 for $13,000. What is the book value of the machine on January 5, 2007 assuming that straight-line depreciation is used

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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