User Account

All Pages

What is the divisions residual income

Assignment Help Accounting Basics
Reference no: EM131783132

Problem

Ash Wares is a division of a major corporation. The following data are for the latest year of operations.

Sales$38,000,000
Net Operating Income$2,800,000
Average Operating Assets$15,000,000
The company's minimum required rate of return20%

Required:
i. What is the division's margin?
ii. What is the division's turnover?
iii. What is the division's ROI?
iv. What is the division's residual income?

Reference no: EM131783132

Questions Cloud

Well-defined geographic area of a city : Assume there is a well-defined geographic area of a city. The area is composed exclusively of apartments and is populated by low-income residents.
Arise with organizational change in the restaurant business : Write (4-5 sentences) on the issues that typically arise with organizational change in the restaurant business And in order to combat these changes,
Compute the return on common stockholders equity : Compute the return on common stockholders equity, one of the largest grocery retailers in the United States, is headquartered in Minneapolis
Where do the taxes collected from the government go : Where do the taxes collected from the government go? The highest subsidies from government to industry are in the following sectors:
What is the divisions residual income : What is the division's margin? What is the division's turnover? What is the division's ROI? What is the division's residual income?
What types of people become case managers : How is the role different for correctional counselors, probation officers, and social workers? Are some people more suited for certain areas than others?
Does self reliance mean no trade : Does self reliance mean no trade?
How many rooms should the hotel overbook : A hotel near the university always fills up on the evening before basketball games. How many rooms should the hotel overbook?
Calculate the amount of interest to be capitalized : On March 1, Faye Co. began construction of a small building. The following expenditures were incurred. Calculate the amount of interest to be capitalized.

Reviews

Write a Review

Accounting Basics Questions & Answers

  The stockholders equity section of the balance sheet as

the stockholders equity section of the balance sheet as december 31 2013 is as follows common stock 1 par value

  Determine the activity rate for each activity

Pure Cane Sugar Company manufactures three products. Each product requires 0.25 machine hour per unit. Determine the activity rate for each activity

  Prepare journal entries on instos books

Prepare journal entries on Insto's books to record the preceding information, including the adjusting entry at the end of the year

  What is the average time a truck spends in the system

A trucking firm has five trucks that each requires service at an average rate of once every 50 hours, What is the average time a truck spends in the system

  Memo about time tickets and expense tickets

Prepare a 250- to 300-word memo about time tickets and expense tickets. Include an explanation about what each is used for, how the two are different, and what information may be found on each.

  Compute jack adjusted gross income

Compute Jack's 2009 adjusted gross income, assuming that he selected the front-end loader as the Sec 179 expensing election item

  Ttf inc which just began this year has the following

ttf inc. which just began this year has the following information about jjl the only product that it produces and

  What is the balance of madeleines capital account

If the goodwill method is to be applied, what is the balance of Madeleine's capital account after Carmen withdraws

  Indicate how well the percentage of sales method

Indicate how well the percentage-of-sales method and the aging method accomplish the objectives of the allowance method of accounting for bad debts.

  Two guys opened an ice cream shop in eugene it was a big

two guys opened an ice cream shop in eugene. it was a big success so they decide to open a ice cream shops in many

  What are sales at the break-even point

Variable expenses for Alpha Company are 40% of Sales. What are sales at the break-even point, assuming that fixed expenses total $150,000 per year:

  Problem related to productivity gain

last year the nursing home prepared 200,000 standard meals, 40,000 low-sodium meals, and 50,000 other special meals, this year, they prepared meals, 60,000 other special meals, the total time for the foodworkers this year was 76,500 hours using a ..

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