The following information is provided for each Investment Center. Investment Center Income Average Assets Cameras $6,100,000 $27,200,000 Phones 2,639,000 20,300,000 Computers 1,200,000 11,400,000 Assume a target income of 13% of average assets. Compute residual income for each center.
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- The following information is provided for each Investment Center. Investment Center Income Average Assets Cameras Phones Computers $ 6,300,000 2,613,000 1,150,000 $ 23,000,000 20,100,000 14,600,000 QS 22-13 (Algo) Computing residual income LO A1 Assume a target income of 13% of average assets. Compute residual income for each center. Note: Enter losses with a minus sign. Residual income (loss) Cameras Phones Computers[The following information applies to the questions displayed below.] The following information is provided for each Investment Center. Average Assets $ 26,900,000 16,700,000 19,000, 000 Investment Center Income $ 5,350,000 2,338,000 900,000 Cameras Phones Computers QS 9-13 (Algo) Computing residual income LO A1 Assume a target income of 14% of average assets. Compute residual income for each center. (Enter losses with a minus sign.) Target Income Cameras Phones Computers Targeted return Target income % % Residual Income Cameras Phones Computers Residual income (loss)The following information is related to the current operation of Kenanga Branch. Operating income 5,000,000 Sales revenue 62, 500,000 Average operating asset 25,000,000 Average balance in current liabilities 13,400,000 The management of the company has decided that the minimum return required is 11 percent. Residual income is another approach that can be used to measure performance of an investment centre. Define residual income and determine the residual income for Kenanga Branch.
- Selected data from an investment center of IROL Inc. follow:Sales $8,000,000Net book value of assets, beginning 2,500,000Net book value of assets, ending 2,600,000Net operating income 640,000Minimum rate of return 12%Required1. Calculate return on sales (ROS), asset turnover (AT), and return on investment (ROI).2. Calculate residual income (RI).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. Department Invested Assets Income from Operations Rate of Return on Investment Min. Rate of Return Min. Amt. of Income from Operations Residual Income Taek (a) (b) (c) 16% P128,000 P10,000 Jung Hwan P850,000 P153,000 (d) 12% (e) (f) Sun woo P825,000 (g) 20% (h) (i) P24,000 Dong Ryong (j) P129,000 24% (k) P60,000 (l) (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?Required information [The following information applies to the questions displayed below.] The following information is provided for each Investment Center. Investment Center Cameras Phones Computers Assume a target income of 14% of average assets. Compute residual income for each center. Note: Enter losses with a minus sign. Income Less: Target income Residual income (loss) Income $ 5,350,000 2,282,000 950,000 $ Cameras 5,350,000 $ Average Assets $28,100,000 16,300,000 16,400,000 Phones 2,282,000 $ Computers 950,000
- Required Information [The following Information applies to the questions displayed below.] Megamart provides the following Information on its two Investment centers. Investment Center Electronics Sporting goods Sales $ 63,460,000 19,050,000 1. Compute return on Investment for each center. Using return on investment, which center is most efficient at using assets to generate Income? 2. Assume a target Income of 12% of average assets. Compute residual income for each center. Which center generated the most residual Income? 3. Assume the Electronics center is presented with a new Investment opportunity that will yield a 14% return on Investment. Should the new Investment opportunity be accepted? The target return is 12%. Complete this question by entering your answers in the tabs below. Numerator: Required 1 Required 2 Required 3 Compute return on investment for each center. Using return on investment, which center is most efficient at using assets to generate income? Income $ 3,173,000…Shaq Company operates with three segments: Louisiana, Orlando, and Los Angeles.Data regarding these segments is as follows: LouisianaSegment OrlandoSegment Los AngelesSegment Contribution to indirect expenses $328,500 $207,600 $155,500 Assets directly used & identified with segment $1,858,700 $1,410,000 $742,600 1. Calculate the return on investment for each segment. Rank them from highest to lowest. Round percent to 1 decimal place. LouisianaSegment OrlandoSegment Los AngelesSegment Segment Net Income Investment base (assets) ROI (%) Rankings (1,2, or 3, where 1 is the best) 2. Assume the cost of capital is 14% for a segment. Calculate residual income for each segment. Rank them from highest to lowest. Round percent to 1 decimal place. LouisianaSegment OrlandoSegment Los AngelesSegment Segment Net Income Investment base (assets) Cost of Capital (%) Minimum Income Residual Income…For its three investment centres, Stahl Company accumulates the following data: Centre I Centre il Centre III Sales $1,996,000 $4,043,000 $3,962,000 Controllable margin 785,760 2,663,760 4,372,200 Average operating assets 4,911,000 8,072,000 12,145,000 Calculate the return on investment (ROI) for each centre. The return on investment Centre I % Centre II % Centre III
- Compute return on investment for each investment center. Which center performed the best on return on investment?Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Investment Center A Center B Investment center income $ 410,000 $ 524,700 Investment center average invested assets $2,430,000 $1,980,000 The return on investment (ROI) for Investment Center B is: Multiple Choice 38.5% 21.2% 25.5% 377.4%Vaibhav
