Required:
Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts. 2. Question:( TCO D) Wryski Corporation had net operating income of $ 150,000 and average operating assets of $ 500,000. The company requires a return on investment of 19 %.
Required:
i. Calculate the company ' s current return on investment and residual income.
ii. The company is investigating an investment of $ 400,000 in a project that will generate annual net operating income of $ 78,000. What is the ROI of the project? What is the residual income of the project? Should the company invest in this project? 3. Question:( TCO D) Tjelmeland Corporation is considering dropping product S85U. Data from the company ' s accounting system appear below. Sales $ 360,000 Variable Expenses $ 158,000 Fixed Manufacturing Expenses $ 119,000 Fixed Selling and Administrative Expenses $ 94,000
All fixed expenses of the company are fully allocated to products in the company ' s accounting system. Further investigation has revealed that