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Company BCD has two departments where Net Income, Assets and Return on Investment (ROI) is tracked. Compute ROI. Net Income Average Assets ROI Dept A $350,000 $900,000 ____________ Dept B $100,000 $550,000 ____________         The company is implementing a target income of 10% of average assets. Compute the target income and residual income (loss) for each department. Net Income Average Assets Target Income Residual Income (Loss) Dept A $350,000 $900,000 ____________ ____________ Dept B $100,000 $550,000 ____________ ____________ please dont provide answer in an image format thank you

Company BCD has two departments where Net Income, Assets and Return on Investment (ROI) is tracked. Compute ROI. Net Income Average Assets ROI Dept A $350,000 $900,000 ____________ Dept B $100,000 $550,000 ____________         The company is implementing a target income of 10% of average assets. Compute the target income and residual income (loss) for each department. Net Income Average Assets Target Income Residual Income (Loss) Dept A $350,000 $900,000 ____________ ____________ Dept B $100,000 $550,000 ____________ ____________ please dont provide answer in an image format thank you

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Company BCD has two departments where Net Income, Assets and Return on Investment (ROI) is tracked. Compute ROI.

Net Income Average Assets ROI

Dept A $350,000 $900,000 ____________

Dept B $100,000 $550,000 ____________

 

 

 

 

The company is implementing a target income of 10% of average assets. Compute the target income and residual income (loss) for each department.

Net Income Average Assets Target Income Residual Income (Loss)

Dept A $350,000 $900,000 ____________ ____________

Dept B $100,000 $550,000 ____________ ____________

please dont provide answer in an image format thank you

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