What was the games divisions residual income

Assignment Help Financial Accounting

Reference no: EM13775701

Hysong Corporation uses residual income to evaluate the performance of its divisions. The minimum required rate of return for performance evaluation purposes is 11%. The Games Division had average operating assets of $530,000 and net operating income of $56,200 in June.

What was the Games Division's residual income in June?

Reference no: EM13775701

Questions Cloud

Specify the number of hydrogens associated with each peak : Predict the NMR spectra for each of these two compounds by listing, in the NMR tables below, the chemical shift, the splitting, and the number of hydrogens associated with each predicted peak. Sort the peaks from largest chemical shift to lowest.

Paper on personal ethics development : Write a 1,050- to 1,200-word paper on personal ethics development that examines your personal ethical system and ground rules, including its origins and development.

What is the companys return on investment : CS Company has a profit margin of 11%. Sales are $320,000, net operating income is $35,200, and average operating assets are $128,000. What is the company's return on investment (ROI)?

Hindrances to the critical thinking process : Identify three hindrances to the critical thinking process. Determine methods for overcoming these hindrances. Identify a time in which you experienced a hindrance in critical thinking. Describe a method you could use to overcome the hindrances.

What was the games divisions residual income : Hysong Corporation uses residual income to evaluate the performance of its divisions. The minimum required rate of return for performance evaluation purposes is 11%. The Games Division had average operating assets of $530,000 and net operating income..

Evaluating bias in research : Define the basic concepts used in the discipline of sociology. Define the various methodologies for sociological research.

When is it appropriate to use the process cost system : Somewhat like last week, I think our discussion time would be better spent discussing the topic we are studying this week: the process cost system. Now that you understand the job order costs system, again compare the process cost system with what yo..

Write an essay on political science- same sex marriage : Write an essay on political science- SAME SEX MARRIAGE. Use at least four outside sources to support your argument. One of the articles has to be an academic journal article or an academic book.

Create special machines and raw materials from various parts : The environmental law in United States set standards for the emission of smoke and toxin by the sugar manufacturing industries. The companies had to import and create special machines and raw materials from various parts of the world in order to meet..

User Account

All Pages