Residual income = Income from operations - (Investment X Rate of return)
= $153,000 - ($1,041,000 X 12%)
= $28,080
Option. b
2)
Profit margin = Income from operations / Sales
= $202,000 / $1,229,000
= 16.4%
Option. b
Assume that Division Blue has achieved a yearly income from operations of $153,000 using $1,041,000 of...
Mason Corporation had $1,039,000 in invested assets, sales of $1,258,000, income from operations amounting to $242,000, and a desired minimum rate of return of 12%. The residual income for Mason Corporation is ? a) $117,320 b) ($5,700) c) $0 d) $164,248
13 Mason Corporation had $1,164,000 in invested assets, sales of $1,274,000, income from operations amounting to $204,000, and a desired minimum return of 12%. The residual income for Mason Corporation is a.$0 b.($5,600) c.$90,048 d.$64,320
Residual Income The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets Retail Division $136,800 $760,000 Commercial Division 128,000 800,000 Internet Division 156,200 710,000 Assume that management has established a 8% minimum acceptable return for invested assets. forn ia Residual Income The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets Retail...
Residual Income The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets Retail Division $140,700 $670,000 Commercial Division 124,800 520,000 Internet Division 139,400 820,000 Assume that management has established a 12% minimum acceptable return for invested assets. a. Determine the residual income for each division. Retail Division Commercial Division Internet Division Income from operations $140,700 $124,800 $139,400 Minimum acceptable income from operations as a percent of...
Residual Income The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets Retail Division $138,000 $690,000 Commercial Division 50,400 280,000 Internet Division 76,500 510,000 Assume that management has established a 8% minimum acceptable return for invested assets. a. Determine the residual income for each division. Retail Division Commercial Division Internet Division Income from operations $138,000 $50,400 $76,500 Minimum acceptable income from operations as a percent of...
1. Residual Income The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets Retail Division $66,600 $370,000 Commercial Division 94,500 450,000 Internet Division 82,600 590,000 Assume that management has established a 12% minimum acceptable return for invested assets. a. Determine the residual income for each division. Retail Div Commercial div Internd $66,600 9450082600 Income from operations Minimum acceptable income from operations as a percent of invested...
Residual Income The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets Retail Division $97,200 $540,000 Commercial Division 67,200 420,000 Internet Division 167,200 760,000 Assume that management has established a 10% minimum acceptable return for inve a. Determine the residual income for each division. Retail Division Commercial Division Internet Division $167,200 $97,200 Income from operations Minimum acceptable income from operations as a percent of invested as...
Residual Income The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets $182,600 830,000 Retail Division Commercial Division 108,000 450,000 Internet Division 186,300 690,000 Assume that management has established a 12% minimum acceptable return for invested assets. a. Determine the residual income for each division. Retail Division Income from operations $182,600 Commercial Division $108,000 45,000 X Internet Division $186,300 69,000 x Minimum acceptable of income from...
The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets Retail Division $48,600 $270,000 Commercial Division 52,500 250,000 Internet Division 169,400 770,000 Assume that management has established a 10% minimum acceptable return for invested assets. a. Determine the residual income for each division. Retail Division Commercial Division Internet Division Income from operations $48,600 $52,500 $169,400 Minimum acceptable income from operations as a percent of invested assets...
Hamlin Corporation had $220,000 in invested assets, income from operations amounting to $48,400, and a desired minimum rate of return of 10%. Residual income for Hamlin is: Group of answer choices $2,200 $26,400 $24,200 $22,000