Calculate residual income
Beverage | Cheese | |
Average operating assets | 2653 | 4453 |
Target rate of return | 7% | 7% |
Target income | 185.71 | 311.71 |
Residual income | Beverage | Cheese |
Operating income | 366 | 651 |
Target income | 185.71 | 311.71 |
Residual income | 180.29 | 339.29 |
Required information The following information applies to the questions displayed below.] Pritchard Company reports the below...
Required information [The following information applies to the questions displayed below.) Pritchard Company reports the below for its beverage and cheese divisions. (Smillions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,692 2,608 2,696 Cheese Division $4,485 4.415 3,940 364 Each of the company's divisions has a required rate of return of 5%. For each division, compute residual income. (Enter your answers In millions.) (5 millions) Beverage Cheese Targeted return Target income Residual income Beverage Cheese I...
! Required information [The following information applies to the questions displayed below.] A food manufacturer reports the following for two of its divisions for a recent year Cheese Beverage Division ($millions) Division Invested assets, beginning Invested assets, ending Sales $6,100 6,000 3,942 710 $3,200 3,100 2,698 366 Operating income Assume that each of the company's divisions has a required rate of return of 10.00%. Compute residual income for each division. |(Enter your answers in millions.) ($ millions) Beverage Cheese Targeted...
Required information [The following information applies to the questions displayed below.] Pritchard Company reports the below for its beverage and cheese divisions. Cheese Beverage Division $2,692 2,608 2,696 364 ($millions) Division Invested assets, beginning Invested assets, ending Sales $4,485 4,415 3,940 649 Operating income .Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute return on investment....
Pritchard Company reports the below for its beverage and cheese divisions. ($millions) Beverage Division Cheese Division Invested assets, beginning $ 2,692 $ 4,485 Invested assets, ending 2,608 4,415 Sales 2,696 3,940 Operating income 364 649 Each of the company’s divisions has a required rate of return of 5%. For each division, compute residual income. (Enter your answers in millions.) ($ millions) Beverage Cheese Targeted return Target income Residual Income Beverage Cheese Residual income
Hp Save & Exit Required information The following information applies to the questions displayed below) A food manufacturer reports the following for two of its divisions for a recent year otto of 821100) (Smillions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Cheese Division Division $2.450 $4,600 4,500 2.6833 ,927 351 2,350 Assume that each of the company's divisions has a required rate of return of 8.00%. Compute residual income for each division (Enter your answers in millions.)...
Required information The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. ant 2 of 2 (Smillions) Invested assets, beginning Invested assets, ending Cheese Division Beverage Division $3,100 3.0 2,696 5.000 3,94a Operating income 164 Assume that each of the company's divisions has a required rate of return of 600%, Compute residual income for each division (Enter your answers in millions.)
! Required information [The following information applies to the questions displayed below.] A food manufacturer reports the following for two of its divisions for a recent year. Cheese Division $5,700 5,600 Beverage Division $3,000 ($millions) Invested assets, beginning Invested assets, ending Sales 2,900 2,694 3,938 Operating income 362 647 Assume that each of the company's divisions has a required rate of return of 8.00%. Compute residual income for each division. (Enter your answers in millions.) ($ millions) Beverage Cheese Targeted...
Required information [The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. ($millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $3,200 3,100 2,698 Cheese Division $ 6,100 6,000 3,942 710 366 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2...
Required information (The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,680 2,602 2,690 358 Cheese Division $4,473 4,409 3,934 643 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2...
IN Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] A food manufacturer reports the following for two of its divisions for a recent year. (5 millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,662 2,593 2.681 349 Cheese Division $4,455 4.400 3,925 634 Exercise 09-13 Residual income LO A1 Assume that each of the company's divisions has a required rate of return of 7%. Compute...