What is the division residual income

Assignment Help Business Management
Reference no: EM131774440

Iba Industries is a division of a major corportation. The following data are for the latest year of operations:

Sales.................$5,820,000

Net operating income............$436,500

Average operating assets............$2,000,000

The company's minimum required rate of return.................18%

Required:

What is the division's residual income?

Reference no: EM131774440

Questions Cloud

What is the amount transferred from the retained earnings : What is the amount transferred from the Retained Earnings account to Paid-in Capital accounts as a result of the stock dividend
What is the present valuse of the lease payments : If the discount rate is 14%, what is the present valuse of the lease payments?
What is the amount of revenue realized from the sale : A corporation purchased 1,000 shares of its $5 par common stock at $10, What is the amount of revenue realized from the sale
What level of taxes is needed to achieve an income : What level of taxes is needed to achieve an income of 2,400? (Assume government purchases remain at 400.)
What is the division residual income : Iba Industries is a division of a major corportation. The following data are for the latest year of operations:
What is the amount of cash dividends to be paid : The charter of a corporation provides for the issuance of 100,000 shares of common stock. What is the amount of cash dividends to be paid
What was the forecast error : Assume last period’s forecast was 36 and the demand was 38. What was the forecast error?
Estimate that should be used in developing : The controller wants your advice on the estimate that should be used in developing next year's budget.
Dramatic decrease in profits for numero uno and shareholders : Mitch makes a marketing decision that results in a dramatic decrease in profits for Numero Uno and its shareholders.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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