If the imputed charge is 15% and Tan wants to achieve a residential income target of P2,000,000, what should be the amount of costs to achieve the target residual income? Elise Wong is the general manager of the Industrial Product Davision, and his performance is measured using the residual income method. Tan is reviewing the following forecasted information for next yr Category  Amount Working Capital 1,800,000 Revenue  30,000,000 Plant and Equipment  17,200,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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If the imputed charge is 15% and Tan wants to achieve a residential income target of P2,000,000, what should be the amount of costs to achieve the target residual income?

Elise Wong is the general manager of the Industrial Product Davision, and his performance is measured using the residual income method. Tan is reviewing the following forecasted information for next yr

Category  Amount
Working Capital 1,800,000
Revenue  30,000,000
Plant and Equipment  17,200,000
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