Determining missing items in return and residual income computations Data for Uberto Company are presented in the following table of returns on investment and residual incomes: Invested Assets Income from Operations Return on Investment Minimum Return Minimum Acceptable Income from Operations Residual Income $780,000   $187,200   (a)   13%   (b)           (c)   $490,000   (d)   (e)   (f)   $53,900           $24,500   $350,000   (g)   14%   (h)   $38,500           (i)   $260,000   $52,000   (j)   12%   (k)           (l)   Determine the missing values, identified by the letters above. For all amounts, round to the nearest whole number.                     a.   fill in the blank 1%   b.   $fill in the blank 2      c.   $fill in the blank 3

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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  1. Determining missing items in return and residual income computations

    Data for Uberto Company are presented in the following table of returns on investment and residual incomes:


    Invested Assets

    Income from Operations

    Return on Investment
    Minimum Return Minimum Acceptable Income from Operations
    Residual Income
    $780,000   $187,200   (a)   13%   (b)           (c)  
    $490,000   (d)   (e)   (f)   $53,900           $24,500  
    $350,000   (g)   14%   (h)   $38,500           (i)  
    $260,000   $52,000   (j)   12%   (k)           (l)  

    Determine the missing values, identified by the letters above. For all amounts, round to the nearest whole number.

                       
    a.   fill in the blank 1%  
    b.   $fill in the blank 2     
    c.   $fill in the blank 3     
    d.   $fill in the blank 4     
    e.   fill in the blank 5%  
    f.   fill in the blank 6%  
    g.   $fill in the blank 7     
    h.   fill in the blank 8%  
    i.   $fill in the blank 9     
    j.   fill in the blank 10%  
    k.   $fill in the blank 11     
    l.   $fill in the blank 12     
     
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