ACC 556 Final Part 2 ( 100 % Correct Answers ) For more course tutorials visit www . tutorialrank . com
Question 24
Which one of the following items is not necessary in preparing a statement of cash flows ?
Question 25
Quincy Corp . earned controllable margin of $ 500,000 on sales of $ 6,400,000 . The division had average operating assets of $ 5,200,000 . The company requires a return on investment of at least 8 %. How much is residual income ?
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ACC 556 Final Part 2 ( 100 % Correct Answers ) For more course tutorials visit www . tutorialrank . com
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