ACC 556 Final Part 2( 100 % Correct Answers) For more course tutorials visit www. uophelp. com
$ 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? =================================================
ACC 556 Final Part 2( 100 % Correct Answers) For more course tutorials visit www. uophelp. 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 |
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