User Account

All Pages

What is the izzy divisionss residual income

Assignment Help Accounting Basics
Reference no: EM131609880

Question - Izzy Division of Marine Boats Corporation had the following results last year (in thousands):

Sales - $4,500,000

Operating income - $700,000

Total assets - $4,000,000

Current liabilities - $250,000

Management's target rate of return is 10% and the weighted average cost of capital is 8%.

What is the Izzy Divisions's Residual Income (RI)?

A) $300,000

B) $700,000

C) $70,000

D) $400,000

Reference no: EM131609880

Questions Cloud

Main areas that impact athletic administrators : What are the four main areas that impact athletic administrators? Provide an example of how an administrator would handle a task in each area.
What is the budgeted operating income : Platz Company makes chairs. What is the budgeted operating income for 3,200 chairs sold in a month
Assess alternative approaches to managing resistances : Assess alternative approaches to managing resistances. Consider how to deal with toxic players.
What will be the profit or loss on the futures contract : What will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by December when the contract is closed out?
What is the izzy divisionss residual income : Izzy Division of Marine Boats Corporation had the following results last year (in thousands): What is the Izzy Divisions's Residual Income (RI)
Discuss revising and presenting your writing : Revising and Presenting Your Writing, You are under a tight deadline to submit a report to your manager
Raw measurement data - estimate the tensile properties : brief Introduction of four or five sentences saying who asked you to do it, and what exactly they asked you to do.
How did the working class assert itself in europe : How did the working class assert itself in Europe during the late 18th century? Provide examples, and compare to the philosophy of Social Darwinism.
Describe organizational authority : What would cause a company/business to restructure its organizational design if it were successful for 5 years in a row?

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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