User Account

All Pages

What is division return on investment and residual income

Assignment Help Managerial Accounting
Reference no: EM132594328

Far Sight is a division of a major corporation. The following data are for the latest year of operations:

Sales                                                               $24,480,000

Net operating Income                                           $1,738,080

Average operating assets                                      $6,000,000

The company's minimum required rate of return           16%

Required:

Question a. What is the division's return on investment (ROI)?

Question b. What is the division's residual income?

Reference no: EM132594328

Questions Cloud

Calculate the pre-determined overhead rate based on labour : Budgeted direct labour hours 20 000 Actual profit for the year R185 000. Calculate the pre-determined overhead rate based on labour hours
What is statement of profit or loss for asaka co for year : Asaka Co. manufactures metal cans, What is statement of profit or loss for Asaka Co. for Year 1 using absorption costing and variable costing.
What the organization consolidated cash flow statements : Assess what the organization's consolidated cash flow statements for the same time period say about its financial performance.
What is the division turnover and division margin : Eacher Wares is a division of a major corporation. What is the division's return on investment (ROI)? What is the division's turnover?
What is division return on investment and residual income : Determine What is the division's return on investment (ROI)? What is the division's residual income? Far Sight is a division of a major corporation.
How estimate the company net operating income for may : Binford Corporation's contribution margin ratio, Estimate the company's net operating income for May, assuming that the fixed monthly expenses do not change.
Calculate the pre-determined overhead rate for department : Department A uses machine hours as a base to apply overheads and Department B uses direct labour cost. Calculate the pre-determined overhead rate for Department
Find what is the net operating income earned by product : Find What would be the effect on the company's overall net operating income of dropping product G41O? Should the product be dropped?
Identify the contribution margin : Given the provided date, identify the contribution margin. The records of the Dodge Corporation show the following results for the most recent year

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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