Problem 1 Deuk Seon have the following investment centers. Several items are missing from the following table of rate of return on investment and residual income. Determine the missing items, identifying each item by the appropriate letter. Min. Amt. Income from Operations on Investment (b) P153,000 (9) P129,000 Rate of Return Min. Rate of of Income from Invested Assets (a) P850,000 P825,000 (i) Residual Department Taek Jung Hwan Sun woo Dong Rvong Return 16% 12% Operations P128,000 (e) (i) P60,000 Income P10,000 (f) P24,000 (1) (c) (d) 20% (h) (k) 24% (a) Determine the missing items, identifying each by number. (b) Which division is most profitable in terms of income from operations? (c) Which division is most profitable in terms of rate of return on investment?
Problem 1 Deuk Seon have the following investment centers. Several items are missing from the following table of rate of return on investment and residual income. Determine the missing items, identifying each item by the appropriate letter. Min. Amt. Income from Operations on Investment (b) P153,000 (9) P129,000 Rate of Return Min. Rate of of Income from Invested Assets (a) P850,000 P825,000 (i) Residual Department Taek Jung Hwan Sun woo Dong Rvong Return 16% 12% Operations P128,000 (e) (i) P60,000 Income P10,000 (f) P24,000 (1) (c) (d) 20% (h) (k) 24% (a) Determine the missing items, identifying each by number. (b) Which division is most profitable in terms of income from operations? (c) Which division is most profitable in terms of rate of return on investment?
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Problem 1
Deuk Seon have the following investment centers. Several items are missing from the following table of rate of
return on investment and residual income. Determine the missing items, identifying each item by the appropriate
letter.
Min. Amt.
Income
from
Operations on Investment
(b)
P153,000
(g)
P129,000
Rate of
Return
Min.
Rate of
Invested
Assets
(a)
P850,000
P825,000
(i)
of Income
from
Operations
P128,000
(e)
(i)
P60,000
Residual
Department
Taek
Jung Hwan
Sun woo
(c)
(d)
20%
Return
16%
12%
Income
P10,000
(f)
P24,000
(1)
(h)
(k)
Dong Rvong
24%
(a)
Determine the missing items, identifying each by number.
(b) Which division is most profitable in terms of income from operations?
(c)
Which division is most profitable in terms of rate of return on investment?
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