Sky field Division of Elara Technologies had average operating assets of $720,000 and net operating income of $108,000 in October. The minimum required return for performance evaluation is 16%. What is the minimum required return in dollar terms?
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- The Meridian Division's operating data for the year 2021 is as follows: . Return on investment = 13.5% . . Minimum required rate of return 9.5% Average net operating assets = $750,000 Sales $2,500,000 Compute the margin for 2021.The Meridian Division's operating data for the year 2021 is as follows: . Return on investment = 13.5% . • Minimum required rate of return = 9.5% Average net operating assets = $750,000 Sales $2,500,000 Compute the margin for 2021.Golden Goodness (GG) has an investment center that had the following data: Operating Income $28,000 Sales $350,000 Invested assets $175,000 PMB has set a minimum acceptable rate of return at 14%. Using the information, answer the following questions. You must include what type of number it is (%, $, etc.) Part A: What is the residual income? Part B: Show calcualtions on how you got answer
- Compute the margin......?The McGraw Company is accumulating data to be used in preparing its annual profit plan for the coming year. The cost behavior pattern of the maintenance costs must be determined. The accounting staff has suggested that linear regression be employed to derive an equation in the form of y = a + bx for maintenance costs. Data regarding the maintenance hours and costs for last year and the results of the regression analysis are as follows: (CMA adapted) Hours of Activity Maintenance Costs January 480 $ 4,200 February 320 3,000 March 400 3,600 April 300 2,820 May 500 4,350 June 310 2,960 July 320 3,030 August 520 4,470 September 490 4,260 October 470 4,050 November 350 3,300 December 340 3,160 Sum 4,800 $ 43,200 Average 400 3,600 A coefficient 684.65 B coefficient 7.2884 Standard error of the a coefficient 49.515 Standard error of the b coefficient 0.12126 Standard error of the estimate 34.469 R2 0.99724 T-value a 13.827…Hi
- True ans ? General Accounting questionThe McGraw Company is accumulating data to be used in preparing its annual profit plan for the coming year. The cost behavior pattern of the maintenance costs must be determined. The accounting staff has suggested that linear regression be employed to derive an equation in the form of y = a + bx for maintenance costs. Data regarding the maintenance hours and costs for last year and the results of the regression analysis are as follows: (CMA adapted) Hours of Activity Maintenance Costs January 630 $ 4,300 February 380 3,100 March 500 3,700 April 350 2,920 May 600 4,450 June 390 3,060 July 380 3,130 August 630 4,570 September 590 4,360 October 570 4,150 November 440 3,400 December 420 3,260 Sum 5,880 $ 44,400 Average 490 3,700 A coefficient 896.74 B coefficient 5.7209 Standard error of the a coefficient 126.240 Standard error of the b coefficient 0.2520 Standard error of the estimate 90.528 R2 0.9810 T-value a 7.104…The Western Division of Claremont Company had net operating income of $154,000 and average invested assets of $557,000. Claremont has a required rate of return of 14.75 percent. Western has an opportunity to increase operating income by $48,000 with a $84,000 investment in assets. Compute Western Division's return on investment and residual income currently and if it undertakes the project. Note: Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%). Round your Residual Income (Loss) answers to the nearest whole dollar. Return on Investment (ROI) Residual Income (Loss) Current % Proposed Project
- The following selected data pertain to the Argent Division for last year: Required: 1. How much is the residual income? 2. How much is the return on investment? (Rounded to four significant digits.)Jellico Inc.’s projected operating income (based on sales of 450,000 units) for the coming year isas follows:TotalSales $11,700,000Total variable cost 8,190,000Contribution margin $ 3,510,000Total fixed cost 2,254,200Operating income $ 1,255,800Required:1. Compute: (a) variable cost per unit, (b) contribution margin per unit, (c) contribution margin ratio, (d) break-even point in units, and (e) break-even point in sales dollars.2. How many units must be sold to earn operating income of $296,400?3. Compute the additional operating income that Jellico would earn if sales were $50,000 morethan expected.4. For the projected level of sales, compute the margin of safety in units, and then in salesdollars.5. Compute the degree of operating leverage. (Note: Round answer to two decimal places.)6. Compute the new operating income if sales are 10% higher than expected.Please solve this accounting question