Determining missing items in return and residual income computations Data are presented in the following table of returns on investment and residual incomes: Invested Assets Operating Income Return on Investment Minimum Return on Investment Minimum Acceptable Operating Income Residual Income $1,200,000 $198,000 (a) 12% (b) (c) $800,000 (d) (e) (f) $120,000 $40,000 $750,000 (g) 14% (h) $90,000 (i) $1,800,000 $441,000 (j) 15% (k) (l) Determine the missing items, identifying each item by the appropriate letter. Round your percentages to one decimal place. a. % b. $ c. $ d. $ e. % f. % g. $ h. % i. $ j. % k. $ l. $
Determining missing items in return and residual income computations Data are presented in the following table of returns on investment and residual incomes: Invested Assets Operating Income Return on Investment Minimum Return on Investment Minimum Acceptable Operating Income Residual Income $1,200,000 $198,000 (a) 12% (b) (c) $800,000 (d) (e) (f) $120,000 $40,000 $750,000 (g) 14% (h) $90,000 (i) $1,800,000 $441,000 (j) 15% (k) (l) Determine the missing items, identifying each item by the appropriate letter. Round your percentages to one decimal place. a. % b. $ c. $ d. $ e. % f. % g. $ h. % i. $ j. % k. $ l. $
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 14.11E
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Determining missing items in return and residual income computations
Data are presented in the following table of returns on investment and residual incomes:
Invested Assets | Operating Income | Minimum Return on Investment | Minimum Acceptable Operating Income | Residual Income | |||||||
$1,200,000 | $198,000 | (a) | 12% | (b) | (c) | ||||||
$800,000 | (d) | (e) | (f) | $120,000 | $40,000 | ||||||
$750,000 | (g) | 14% | (h) | $90,000 | (i) | ||||||
$1,800,000 | $441,000 | (j) | 15% | (k) | (l) |
Determine the missing items, identifying each item by the appropriate letter. Round your percentages to one decimal place.
a. | % | |
b. | $ | |
c. | $ | |
d. | $ | |
e. | % | |
f. | % | |
g. | $ | |
h. | % | |
i. | $ | |
j. | % | |
k. | $ | |
l. | $ |
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