A division of Soft Company has the following information for 2020: Average Operating assets P1, 800 , 000 Target rate of return 10% Residual income P270 , 000 What was the division's return on investment for the year ?

Q: For its three investment centers, Concord Company accumulates the following data: I Sales $2,280,000…

A: The objective of the question is to calculate the expected return on investment (ROI) for each of…

Q: 12. Z Division of XYZ Corp. has the following information for 2002: $1,800,000 10% Assets available…

A: Target income = $1,800,000 x 10% = $180,000

Q: The Midwest Division of Grainger Company has average assets of $200,000 and income of $40,000. What…

A: Return on Investment (ROI) is perhaps one of the most well-liked measures, and when done properly,…

Q: What was the Legume Division's net operating income last year?

A: Introduction:-Net operating income denotes the  capability of a property to produce an income from…

Q: GGX is the general manager of the Jung Division, and his performance is measured using the residual…

A: Residual income is the excess of the amount of the return on Investment (ROI) over a target amount…

Q: Pollack Industries provides the following information: Desired rate of return Cost of assets 8%…

A: Solution 1: Book value of asset at beginning of 3rd year = Cost of assets - Accumulated depreciation…

Q: required: The residual income for the AB Division last year was The return on investment last year…

A: Residual income is the remaining income after meeting all the costs that business owes. Formula:…

Q: The Your Division had average operating assets totaling $150,000 last year. The minimum required…

A: Residual income = net operating income - average operating assets x minimum required rate of return

Q: The Thomas Company has established a target rate of return of 15% for all of its divisions. In 20x8,…

A: The profit earned by the entity in excess of the net operating income is referred to as residual…

Q: Ryan Division has the following results for the year:          Revenues              $470,000 Net…

A: Residual Income: Residual income is the income that a company earns after paying off all the…

Q: If the average operating assets are P1,000,000, return on investment for the AB Division is…

A: Return on investment is a financial barometer used to measure the efficiency of the operations of…

Q: Your Company's residual income was $8,500.  Net income was $170,000 and average operating assets…

A: Residual income = Net Operating income - Minimum return required  of return where, Minimum return…

Q: Division A's asset turnover (AT) is (rounded to two decimal places):

A: Given that , Sales = $490000 Average investment = $416500 Operating income = $ 83300

Q: Gabbe Industries is a division of a major corporation. Last year the division had total sales of…

A: Ratio analysis helps to analyze the financial statements of the company. The management can make…

Q: Magnolia Company's Division A has operating income of $80,000 and assets of $400,000. The minimum…

A:

Q: The following data has been provided for a company’s most recent year of operations:   Return on…

A: The objective of this question is to calculate the residual income for the company's most recent…

Q: Part I (1) What is residual income and how is it calculated? (2) Please use the information below…

A: The ratio analysis helps to analyze the financial statements of the business with various elements…

Q: The following information relates to the Quilt Division of TDS Corporation for last year: Sales…

A: Given, Net operating income = $60,000 Average operating assets = $500,000 Minimum required rate of…

Q: The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's…

A: ROI means return on investment.. It is the percentage return earned by the entity on the operating…

Q: The Box Manufacturing Division of the Allied Paper Company reported the following results from the…

A: Introduction:-The following formula used to calculate as follows under:-Return on…

Q: The following data has been provided for a company's most recent year of operations: Return on…

A: Residual income = Average operating assets * ( Return on investment - Minimum required rate of…

Q: Refer to the following information. What is the turnover for Division C? Sales Net operating income…

A: Return on investment :— It is calculated by dividing net operating income by average operating…

Q: Magnolia Company's Division A has income from operations of $73,300 and assets of $353,500. The…

A: For any business firm, there is always a minimum acceptable income, i.e., the income that must be…

Q: Magnolia Company's Division A has operating income of $104,200 and assets of $360,800. The minimum…

A: Residual income = Operating income - Operating assets x minimum acceptable return

Q: required rate of return

A: Rate of return is the profit expected from the average asset employed in the venture. It’s computed…

Q: The Electronics Division of Anton Company reports the following results for the current year:…

A: Return on investment is calculated by dividing net operating income by average operating assets.…

Q: Your Company's residual income was $13.500. Net income was $67.500 and average operating assets were…

A: Residual income = Net income - Minimum profit required where, Minimum profit required = Average…

Q: Allana recorded operating data for its Xyza division for the year. The company requires its return…

A: Controllable margin means contribution margin after deduction of fixed cost. Return on investment is…

Q: The Western Division of Claremont Company had net operating income of $144,000 and average invested…

A: Return on investment :— It is calculated by dividing net operating income by average total operating…

Q: The West Division of Cecchetti Corporation had average operating assets of $639,000 and net…

A: The minimum required rate of return is the expected minimum return from the investment that the…

Q: ROI, Residual IncomeThe following selected data pertain to the Argent Division for last year:Sales…

A: Calculation of Residual income Residual Income = Net Income - Minimum required amount of return…

Q: The following data pertain to Dakota Division's most recent year of operations. Income $ 16,000,000…

A: Income = $16,000,000 Average invested capital = $185,000,000 Return on invested capital = 14%

Q: Requirement a. What is the current ROI for each division? Begin by selecting the formula to…

A: ROI :— It is calculated by dividing operating income by investment. It stands for return on…

Q: The sales, income from operations, and invested assets for each division of Wren Company are as…

A: Residual Income = Income from Operations - Invested Assets x Minimum rate of return Residual Income…

Q: Assume that Division Blue has achieved a yearly income from operations of $157,000 using $956,000 of…

A: Residual income: Residual income is the excess of income over the minimum acceptable return on…

Q: The Basketball Division of Sparrow Sports Enterprises reported the following financial data for the…

A: Lets understand the basics. Return on investment is a ratio which compare how much net income…

Q: If net operating income is $83,000, average operating assets are $415,000, and the minimum required…

A: Residual income is the net operating income over and above income at minimum required rate of return…

Q: Davis Company has established a target rate of return of 15% for all divisions. For the most recent…

A: Residual income= Operating income- Minimum required return Operating income= Sales- expenses =…

Q: The Commercial Division of Galena Company has operating income of $106,240 and assets of $332,000.…

A: Calculation of minimum acceptable return on assets: Minimum acceptable return on assets=Total…

Q: A company reported the following for its most recent year of operations: Return on investment…

A: Average operating assets = $ 170,000 Return on investment = 20% Net income = Average operating…

Q: The following data has been provided for a company’s most recent year of operations: Return on…

A: In non-public finance, residual earnings can talk over with an individual's discretionary earnings,…

Q: Division B had an ROI last year of 15%. The division's minimum required rate of return is 10%. If…

A: Residual income is defined as the amount of money left over after deducting all investment costs…

Q: If net operating income is $80,000, average operating assets are $640,000, and the minimum required…

A: Correct answer : $9,600

Q: Hannah Division of Tide Inc has the following data for 2012: Assets available for use is 2,000,000;…

A: Target Rate of return: It refers to the return that an investor would want to make from any capital…

Q: Magnolia Company's Division A has operating income of $125,500 and assets of $337,800. The minimum…

A: Residual income: Residulal income means excess of income earned over the desired income. Desired…