The Commercial Division of Galena Company has operating income of $106,240 and assets of $332,000. The minimum acceptable return on assets is 10%. What is the residual income for the division?

The operating income and the amount of invested assets in each division of Conley Industries are as follows:   Operating income Invested Assets Retail Division $103,400   $470,000   Commercial Division 105,000   420,000   Internet Division 130,000   500,000   Assume that management has established a 10% minimum acceptable return for invested assets.   a.  Determine the residual income for each division.   Retail Division Commercial Division Internet Division Operating income $103,400    $105,000     $130,000    Minimum acceptable operating income as a percent of invested assets             Residual income $   $   $   b.  Which division has the most residual income?

Concord Company earned a controllable margin of $125000 on sales of $1607000. The division had average operating assets of $1293000. The company requires a return on investment of at least 7%. How much is residual income? O $34490 O $159490 O $90510 O $112490

Residual Income The Commercial Division of Galena Company has operating income of $264,070 and assets of $549,000. The minimum acceptable return on assets is 13%. What is the residual income for the division?

Washington Company has two divisions: the Adams Division and the Jefferson Division. The following information pertains to last year's results:   Adams Division Jefferson Division Net (after-tax) income $653,400   $330,750   Total capital employed 4,560,000   3,705,000   In addition, Washington Company's top management has set a minimum acceptable rate of return equal to 7%. Required: Enter negative values as negative numbers. 1.  Calculate the residual income for the Adams Division. 2.  Calculate the residual income for the Jefferson Division.

What is the investment turnover?

Blaser Division had $1,040,000 in invested assets, sales of $1,271,000, income from operations of $205,000, and a minimum acceptable return of 13%. The return on investment for Blaser Division is (round the percentage to one decimal place.)

Residual Income The Commercial Division of Galena Company has income from operations of $143,640 and assets of $399,000. The minimum acceptable return on assets is 10%. What is the residual income for the division?$fill in the blank 1

Eacher Wares is a division of a major corporation. The following data are for the latest year of operations: Sales Net operating income Average operating assets The company's minimum required rate of return $14,720,000 $1,000,960 $4,000,000 14% Required: a. What is the division's margin? b. What is the division's turnover? c. What is the division's return on investment (ROI)? d. What is the division's residual income?