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 a. $940,000 $600,000 $360,000 $270,000 b. C. d. e. (c) $30,000 (1) (1) Determine the missing items, identifying each item by the appropriate letter. For all amounts, round to the nearest whole number. f. g. h. i. j. k. I. $ $ $ $235,000 (d) (g) $51,300 % % % % Return on Investment (a) (e) 14% (j) % Minimum Return on Investment 14% (f) (h) 11% Minimum Acceptable Operating Income (b) $66,000 $36,000 (k) Residual Income
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 a. $940,000 $600,000 $360,000 $270,000 b. C. d. e. (c) $30,000 (1) (1) Determine the missing items, identifying each item by the appropriate letter. For all amounts, round to the nearest whole number. f. g. h. i. j. k. I. $ $ $ $235,000 (d) (g) $51,300 % % % % Return on Investment (a) (e) 14% (j) % Minimum Return on Investment 14% (f) (h) 11% Minimum Acceptable Operating Income (b) $66,000 $36,000 (k) Residual Income
Corporate Financial Accounting
15th Edition
ISBN:9781337398169
Author:Carl Warren, Jeff Jones
Publisher:Carl Warren, Jeff Jones
Chapter14: Financial Statement Analysis
Section: Chapter Questions
Problem 14.7BE: To determine: Times interest earned ratio Given info: Income before income tax and interest expense....
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