Residual income for an investment center

Assignment Help Financial Accounting

Reference no: EM13752365

Determine the April 2014 residual income for an investment center with the following information:

Operating income for the month ended April 30, 2014 $2,300,000

Assets at March 31, 2014 $10,200,000

Assets at April 30, 2014 $13,150,000

Desired ROI 18%

Actual ROI 20%

Reference no: EM13752365

Questions Cloud

Comparing its performance with that of closest competitors : Which of the following determines a company's competitive advantage by comparing its performance with that of its closest competitors?

Stakeholder of an organization : Which of the following is a stakeholder of an organization?

How you summarize ideas that bind our culture together : How would you summarize the central ideas that bind our culture together? What key word or words would you use to describe our culture?

Summaries of the insurance reimbursements : Using Excel 2013, you have to prepare summaries of the insurance reimbursements, highlighting the pertinent data in your spreadsheet, for a presentation at a meeting with clinic managers

Residual income for an investment center : Determine the April 2014 residual income for an investment center with the following information:

Improvements in public education : Pensions for public employees - Improvements in public education - own a company that has been asked to provide a proposal to solve a problem in your local community. Research possible topics in local newspapers,

Identification of the difficulties the managers having : Identification of the difficulties the managers may be having in establishing self-directed, high-performing teams. Identification of the successful characteristic of establishing self-directed, high-performing teams

Describing the managements role in the technology : Write a 350-700 word summary describing the management's role in the technology selected and the benefits of it that support the organization's quality initiatives

Exchange commission edgar database : Select a publicly traded corporation for which you would like to work or are currently working. Research the corporation on its own Website, the public filings on the Securities and Exchange Commission EDGAR database and any other sources you can ..

User Account

All Pages