A manufacturing division has $1,800,000 invested in assets and earned Income of $720,000. The company's hurdle (target) rate is 8%. The division's residual income is

Answers

Answer 1

The residual income is $576,000.

Net Operating Income = $720,000

Cost of Operating Assets = $1,800,000.

Minimum Required Return = 8%

Residual income is the income that is earned after the manufacturing job has been completed. Only a few examples of residual income include royalties, interest and dividend income, rental and real estate revenue, and sales of consumer goods.

Using the formula of residual income -

RI = Net Operating Income − Minimum Required Return × Cost of Operating Assets

RI = NOI - MRR  × COA

Substituting the values -

RI = 7,20,000 - 1,800,000 × 8%

=  7,20,000 - 1,800,000 × 8/100

= 7,20,000 - 1,44,000

= 576,000.

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Related Questions

The study of economics focuses most on...
A. all of the above
B. explaining how people deal with scarcity
C. explaining how incomes are earned and jobs are created
D. studying how things are made bought, sold, and used

Answers

A, all of above because they are all the study of economics


Which of the following is not an example of professional behavior
?

Answers

What are the answers?

You are going to interview for a position for which you have less experience and background than fellow candidates. You know, however, that you are the right person for the job. Which interview format would be the most appropriate for you to prove your worth?

Answers

Answer: Oral interview

Explanation:

One of the best ways to sell yourself or pitch before a council seated to examining job hunters is by oral interview. During an oral interview, candidates for the job are ask to sell themselves as regards why they think they are best fit for the job, in most cases the qualifications of the candidate plays little or no vital role when they can't defend what they have or can't sell themselves enough to be seen capable for the job.

which of the following has a more elastic demand in the short run? a. pomegranate juice or drinking water: pomegranate juice b. cereal or rice krispies cereal: rice krispies c. speedboats or gourmet chocolate: (click to select)

Answers

This is because drinking water is a necessity, and consumers are likely to continue purchasing it even if the price increases, although they may adjust their consumption slightly and more price-sensitive.

On the other hand, pomegranate juice is a luxury item with many substitutes, and consumers are likely to be more price-sensitive and switch to a different juice or beverage if the price of pomegranate juice increases. In the short run, pomegranate juice would likely have a more elastic demand compared to drinking water.

For the other options, it's not clear which one would have a more elastic demand without additional information. Cereal and Rice Krispies cereal are both similar products, so the demand for both would likely be relatively elastic. Speedboats and gourmet chocolate are both luxury items, but the demand for each could depend on the availability of substitutes, the income level of consumers, and other factors.

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Two friends want to open a clothing consignment store. Individuals bring clothing to the consignment store and if the clothes sell, the consignment shop earns 60% and the customer receives 40% of the sale. What are the advantages of this type of business over other retail stores? Explain the advantages and disadvantages of operating this business as a sole proprietorship and a partnership

Answers

Answer:Some advantages of a consignment store are that if your your item sells both you and the business benifit. A disadvantage of a consignment store is that if the item doesnt sell the business doesnt profit and neither does the person who brought in the item. At other retail stores even if your item doesnt sell you still get the money but you dont get the item back so that could be an advantage or disadvantage.

Explanation:Some advantages of being a proprietorship and owning a consignment store is that you would get to keep all of the 60% sold of all profits.

A dsadvantage of being in a partnership and owning a consignment store would be that you would you would have to spilt the 60% with who ever you are partners with.

Derek's team is struggling to come to a consensus because several people are unwilling to share their thoughts. What would be the BEST question for the group to ask themselves to avoid groupthink?

Question 3 options:

How is this situation similar to others we've encountered?

What about the group could be making people feel unsafe?

How would this situation look different if we had more money?

Can we get rid of the people who aren't willing to speak up?

Answers

If the team is struggling to come to a consensus because several people are unwilling to share their thoughts. The BEST question for the group to ask themselves to avoid groupthink is: B) What about the group could be making people feel unsafe?

What is groupthink?

Groupthink refers to the way  in which members of a group  accepts  

the decisions made in the group even if the decision  they all accepted will  have a negative effect on them  as they do not consider the consequence that is attached to the conclusion they reach and they does this so as to be in one accord or for unity to reign among them.

Based on the given scenario it is advisable that the leader of the group to ask the members the reason why they feel unsafe to shares their thought or what they have on the mind as by doing this will help to give them insight about the reason why the members are unwilling to share their thought as well how to combat that feelings.

Therefore the correct option is B.

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Answer: What about the group could be making people feel unsafe?

Explanation: I took the quiz

what would happen to a monthly payment if the intrest rate increased

Answers

Answer:Your interest rate and the monthly payment will remain the same

Explanation:If you have a fixed-rate mortgage, the rising rate will have no impact on your loan: Your interest rate and the monthly payment will remain the same.

The monthly payment would increase if the interest rate is increased.

The monthly payment is the amount a person has to pay every month over the time period of the loan to pay off the loan. Interest is the additional amount a lender has to pay along with the principal amount when they avail a loan.

A loan with a higher interest rate means that the person will have to pay back more money and hence higher monthly payments as compared to someone who has a lower rate interest rate for the same amount and for the same time period.

For example, if you borrow $200 with a 5% interest rate you will have to pay back a total of $210 and if this is over 10 months then you will have to pay $21 every month. Now say you borrow the same amount for the same time period but with a 10% interest rate, then you will have to pay back a total of $220 and this means your monthly payment will be $21. Therefore monthly payment increases with the interest rate.

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What does the term “smalling up” mean, according to white? What ways have you or people you know had to “small up”? If you haven’t, what ways could you?

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Instead of buying what she would normally buy White purchased a smaller item and would save money over time to eventually make a higher purchase. I normally buy starbucks but now I make coffee at home and save that money to buy a car.

As the term “smalling up” mean, according to white to make the amount as the way that they spend their money.

What are white people?

Greco-Roman archaeology and other historical or historical texts occasionally refer to inhabitants as "White" in relation to their skin tone, predating this idea, but these cultures had no concept of a White or pan-European race. In the latter seventeenth century, the phrase "White race" or "White people," which refers to their pale complexion among several other physical traits, reached the major European languages.

White mentions "smalling up," which is steering clear of things you don't need to save money, and "bridgework," which entails accepting employment that may under your skill level or pay grade. White made a smaller expenditure than she would have ordinarily done in order to save money for a larger one in the future.

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cooperative agreements with foreign companies which of the following is an example of this type of agreement? select one: a. transnational b. multinational c.strategic alliance d. multi-domestic partnership

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Cooperative agreements with foreign companies  is an example of strategic alliance type of agreement.

A strategic alliance is an agreement between two businesses to work on a project that will benefit both parties while maintaining each company's independence.

An international strategic alliance is a partnership between businesses with headquarters in different nations.

(A). Transactional: In a transactional agreement, the seller makes a commitment to give the purchaser particular services following the sale of the business.

(B) Multinational: These are trade agreements involving three or more countries with the goal of lowering obstacles to make it simpler for companies to import and export.

(D). Multi- domestic partnership: It is the most locally oriented of the several models available since it prioritizes local responsiveness over global standards.

The correct option is c.

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traditionally, the primary goal of american business is to: group of answer choices c. improve our standard of living. d. none of the above. b. make a profit. a. to act responsibly.

Answers

Traditionally, the primary goal of American business is to make a profit. In the context of American capitalism, businesses are primarily driven to profit maximization, which serves as the primary indicator of success and growth.

This is because profit enables businesses to reinvest in themselves, expand operations, create more jobs, and ultimately contribute to the overall economy.

While acting responsibly, improving the standard of living, and other objectives may be important, they are generally considered secondary goals that stem from a business's primary goal of making a profit.

By pursuing profit maximization, American businesses can generate wealth and create value, which in turn may lead to a better standard of living for the employees, the communities they operate in, and the broader society.

To achieve profitability, businesses focus on strategies such as increasing revenue, minimizing costs, optimizing operations, and developing innovative products and services.

By pursuing these goals, businesses can ensure their continued growth and success in the competitive marketplace, while also contributing to the broader economic development of the country.

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an individual who combines strong business acumen, a deep understanding of analytics, and a healthy appreciation of the limitations of their data, tools, and techniques to deliver real improvements in decision making i

Answers

Big data offers useful consumer insights that businesses may utilize to improve their marketing, advertising, and promotions strategies.

Why is understanding analytics crucial?

Data analytics are crucial because they enable companies to perform better. Businesses can save costs by developing more efficient ways to conduct business and keeping a lot of data by incorporating it into their business strategy.

What does data restriction achieve?

You must be aware of the subjects whose data you are processing as well as the objectives for which you are doing so. It is not sufficient to merely state that personal data will be collected and processed. The "purpose limitation" principle refers to this.

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Who typically reviews and approves the guidelines for running a corporation, which are also known as
corporate governance policies?
A. The investors
B. The shareholders
C. The management team
D. The board of directors

Answers

The board of directors typically reviews and approves the guidelines for running a corporation, also known as corporate governance policies. The board of directors consists of elected individuals who are responsible for establishing and overseeing the general policies and strategic direction of the corporation.

What is the board of directions responsible for?

The board of directors is responsible for overseeing the management of a corporation and ensuring that the corporation is being run in a way that is consistent with the guidelines set forth in the corporate governance policies.

These policies are designed to ensure that the corporation is being run in a way that is fair, transparent, and accountable to its stakeholders, including shareholders, employees, and customers.

The board of directors typically reviews and approves these policies to ensure that they are being followed and that the corporation is operating in a way that is consistent with its mission and values.

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just say sum and ill give you alot of points⇒⇒⇒⇒

Answers

thanks for the points, have a good day
thank youuuuu! :$3));:4

30 points please help!
Which of the following are NOT considered employment taxes?
a. real estate taxes
b. social security taxes
c. self-employment taxes

Answers

Answer:

B.

Explanation:

Social Security is Payroll Tax.

Value Added Inc. buys $1 million of sow's ears at the beginning of January but doesn't pay immediately. Instead, it agrees to pay the bill in March. It processes the ears into silk purses, which it sells for $2 million in February. However, it will not collect payment on the sales until April. (Leave no cells blank - be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign. Enter your answers in thousands of dollars not in millions.)


(a) What is the firm’s net income in February?

(b) What is its net income in March?

Answers

Answer and Explanation:

The computation is shown below:

Firm net income in Feb is

= Sales - cost of goods sold

= $2,000,000 - $1,000,000

= $1,000,000

Now the net income is

= $1,000,000 ÷ 1,000

= 1,000 thousands

b. For the month of march, the net income is zero

By using the above formula the correct amount could come and the same is to be considered

Which of the following best describes the law of supply and demand?
A. When a desirable product or service is plentiful, its value increases.

B. Businesses can charge extra for products that people use every day.

C. When there is a high demand for a product, it is hard to supply.

D. When a desirable product or service is scarce, its value increases,

Answers

Answer:

d is you answer

Explanation:

Answer:

D. When a desirable product or service is scarce, its value increases.

Explanation:

Because more people want a product that there is less of, meaning they will raise the price.

What involves using resources to make goods and services to satisfy the needs and wants of consumers?

Answers

Economics involves using resources in order to make goods and services to satisfy the needs and wants of the consumers.

Economics is considered to be the study of using resources in order to produce the goods and services which is as effectively and efficiently as possible to satisfy the needs and the wants of the consumers. It has been seen that the goods satisfy human wants.

However, this want-satisfying quality in a good is thus called utility. Thus, utility means the power to satisfy a human want. So, the customers tend to expect and they want a unique and personalised experience when purchasing.

Hence, a consumer is one who is the decision-maker that whether or not to buy an item.

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Novak Corp. Has accounts receivable of $90,300 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $2,284 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of uncollectibles are as shown below.

Answers

Answer:

Allowance for doubtful accounts balance as at March 31st 2022 is $10,056.

Explanation:

Novak Corp. already have a balance of $2,284 in allowance for doubtful account.

The increase in allowance for doubtful account is calculated as follows.

$61,700 * 2% = $1,234

$12,600 * 5% = $630

$9,200 * 28% = $2,576

$6,800 * 49% = $3,332

Total = $7,772

$7,772 + $2,284 = $10,056


When marginal cost (MC) exceeds marginal revenue (MR), the total
cost (TC) exceeds total revenue (TR).

Answers

When the marginal cost (MC) exceeds the marginal revenue (MR), it indicates that the total cost (TC) exceeds the total revenue (TR). This situation suggests that the firm is operating at a loss.

To understand why the total cost exceeds the total revenue when the marginal cost exceeds the marginal revenue, let's break it down step by step:

Marginal Cost (MC) is the additional cost incurred by producing one more unit of a good or service. It is calculated by dividing the change in total cost (ΔTC) by the change in quantity (ΔQ):

MC = ΔTC / ΔQ

Marginal Revenue (MR) is the additional revenue generated by selling one more unit of a good or service. It is calculated by dividing the change in total revenue (ΔTR) by the change in quantity (ΔQ):

MR = ΔTR / ΔQ

When MC exceeds MR, it means that the additional cost of producing one more unit is higher than the additional revenue generated from selling that unit. This situation indicates that the firm is incurring a loss on each additional unit produced.

If the firm continues producing and selling units in this scenario, the total cost (TC) will keep increasing at a higher rate than the total revenue (TR), resulting in a situation where TC exceeds TR.

In summary, when the marginal cost exceeds the marginal revenue, it implies that the total cost exceeds the total revenue. This signals that the firm is operating at a loss, and continued production and sales will lead to further losses.

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When a goal is not met, a manager should assume that
a.) the control process was flawed.
b.) the set goal was too ambitious and needs to be scaled back.
c.) employees need to improve their performance.
d.) expected performance was not effectively communicated to employees.
e.) the set goal was too ambitious or employees need to improve their performance.

Answers

When a goal is not met, a manager should assume that ) the control process was flawed. Option A is correct

A manager is an individual who is responsible for directing and overseeing the work of others to achieve organizational goals. Managers can hold different titles and roles depending on the organization and the level of management they occupy.

Managers are typically responsible for a range of tasks, such as setting goals and objectives, planning and organizing work activities, delegating tasks and responsibilities to team members, monitoring and evaluating performance, providing feedback and coaching, managing budgets and resources, and communicating with stakeholders both within and outside the organization.

Effective managers possess a range of skills and competencies, such as leadership, communication, problem-solving, decision-making, delegation, and the ability to motivate and engage employees. Managers play a critical role in shaping organizational culture, creating a positive work environment, and driving organizational success.

Option A is correct

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During the economic periods of ____ , the economy is at its highest point and unemployment is low, in addition, total income is high and consumers are willing to buy products and services.

Answers

Answer:

Prosperity.

Explanation:

This can be tagged to be an economic period or stage in fluctuation, contraction and other factors affect the growth of a business or a certain economy. Example can be seen when your business generally follows the same economic cycle as the others does in the economy, then warning signs of an impending recession suggest that it is not a good time for you to broaden or create new growth grounds. This cycle help a business organisation protect against downturns, and position themselves to gain maximum merits of economic expansions.

department a's beginning work in process conversion costs were $6,675. during the month, total conversion costs were $32,700. total equivalent units are 10,000 for materials and 7,500 for conversion costs. the cost per equivalent unit for conversion costs using the weighted-average method is

Answers

The cost per equivalent unit for conversion costs using the weighted-average method is $4.36. As they pertain to the prior period, the initial work in process conversion expenses are not taken into account in this computation.

We divide the total conversion costs ($32,700) by the total equivalent units for conversion costs to arrive at the cost per equivalent unit for conversion costs using the weighted-average technique (7,500). $32,700 ÷ 7,500 = $4.36. In other words, conversion expenses during the time period were on average $4.36 for every unit of production. As they pertain to the prior period, the initial work in process conversion expenses are not taken into account in this computation. Using the weighted average technique, translation expenses come out to $4.36 per equivalent unit.

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Government influence at local regional national and European levels

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Based on the sociopolitical analysis, the government influence at local, regional, national, and European levels is significant for the development of the nations involved from the micro level to the macro level.

What is Government Influence?

Government Influence is a term that is used to describe government policies, and laws, which are established to regulate the affairs of the people, organizations, economic decisions, political outcomes, and other sociological situations.

Government influence, at the local level, starts with different wards and local councils, including the Mayor and the councilmen.Government influence at state levels involved the laws and regulations made by the state, which is headed by the Governor and the State Assembly.Government influence at the national level is usually headed by the President, together with the legislative to make policies and laws that govern people in all the sectors of the economy, including the military.Government influence at the European level is based on alliance and voluntary participation whereby the mode of operation is inclusive for every nation involved.

Hence, in this case, it is concluded that Government influence is vital in any society.

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martha nussbaum agrees that the study of the humanities should be cut back because it promises short-term financial profits. True/False?

Answers

It is true that Martha Nussbaum concurs that fewer people should study the humanities since they guarantee quick financial gains.

Why, according to Nussbaum, do the humanities matter for democracy?

Nussbaum contends that in light of this severe situation, we must fight against attempts to turn education into a tool for increasing GDP. To offer students the skills they need to be truly democratic citizens of their nations and the rest of the globe, we must instead endeavor to re-connect education with the humanities.

What do humanities studies intend to accomplish?

Understanding, appreciating, and creating art, music, theater, and literature are all facilitated by a humanistic education. Students have the chance to put their knowledge of beauty and the good into practice in the humanities fields.

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Active listening is a process of communication in which the listener engages the speaker by repeating or rephrasing the speaker’s words; the listener may also mirror body language or _____.

apathetic behavior
tone of voice
nervous tics
hand gestures

Answers

Answer: tone of voice

Explanation:

Active listening refers to a process of communication whereby the speaker is engaged by the listener who repeats the words or statements heard.

Active listening involves the individual listening with all his or her senses and giving the speaker all the attention needed.

In active listening, the listener can mirror the body language or the tone of voice of the speaker. Active listening can be either acquired or developed through constant practice.

pmp examwhat is the best way to manage changes throughout the project to ensure the project goals are met?

Answers

The best way to manage changes throughout the project to ensure the project goals are met is to establish a change control process. this process should include a change request form, a change approval process, and a system for tracking changes.

The change control process should ensure that changes are documented, evaluated, and approved before being implemented to ensure that the project goals are not compromised. the change request form should capture the details of the requested change, including the estimated impact on the project timeline and cost.

Once the change request is submitted, the change approval process should include stakeholders from all levels of the organization. This ensures that changes are reviewed by the appropriate stakeholders and that the project remains on track. the system for tracking changes should involve detailed documentation of all accepted changes, including when and why the change was implemented.

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How important is money

Answers

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

Can I get some assistance

Can I get some assistance

Answers

Question 1: 4
Question 2:5
Question 3:D
Question 4:C
Question 5:B

mindy is reviewing becky’s loan application. she needs to verify the work and salary information. which form should mindy have becky complete?

Answers

Mindy should have Becky complete an Employment Verification Form. This form is used to gather detailed information about Becky's employment history.

Employment Verification Form is typically used to collect information about an applicant's employment history, including current and previous employers, job titles, dates of employment, and salary information. It serves as a means for the lender (Mindy) to verify the accuracy of the work and salary information provided by the applicant (Becky).

By having Becky complete an Employment Verification Form, Mindy can obtain the necessary details to verify Becky's employment status and income. The form allows Mindy to contact Becky's current or previous employers directly to confirm the information provided. This verification process is crucial in assessing Becky's ability to repay the loan and ensuring that the loan application is based on accurate and reliable information.

Employment Verification Forms are commonly used in loan applications, rental applications, and other situations where an individual's employment and income need to be verified. It helps lenders and organizations make informed decisions by confirming the applicant's work and salary details directly with the employer.

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What would be the incremental effect on the companys overall profit of reworking and selling the material?

Answers

Rather than selling it as is as scrap would be the incremental effect on the company's overall profit of reworking and selling the material.

Incremental analysis is a decision-making technique used in economics to determine the true cost difference between alternatives. Incremental analysis, also known as the associated cost approach, marginal analysis, or differential analysis, ignores sunk costs and past costs. The incremental analysis aids in business strategy, including decisions to produce or outsource features.

Incremental analysis is a problem-solving approach that applies accounting information to decision-making. Incremental analysis can identify potential outcomes of one alternative versus another.

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