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The company requires a return on investment of at least 8 %. How much is residual income ? =================================================== ACC 556 Final Part 2 ( 100 % Correct Answers )

The company requires a return on investment of at least 8 %. How much is residual income ? =================================================== ACC 556 Final Part 2 ( 100 % Correct Answers )

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Final Part 2 Question 1
A manager of a cost center is evaluated mainly on Question 2
Bogey Co . recorded operating data for its Cheap division for the year . Bogey requires its return to be 10 %.
Sales
$ 1,400,000
Controllable margin
160,000
Total average assets
4,000,000
Fixed costs
100,000
What is the ROI for the year ? Question 3
Ratios are used as tools in financial analysis Question 4
Which of the following is not typically a characteristic experienced by a company during the growth phase of the corporate life cycle ? Question 5