The following selected data for BC Company for 2022: Sales P 2,000,000 Variable Costs 1,200,000 Traceable Fixed Costs 200,000 Average Invested Capital 400,000 Capital Charge 15%   1. The residual income amounted to? 2. Assuming the same information in the previous item, the return on investment percentage is?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The following selected data for BC Company for 2022:
Sales P 2,000,000
Variable Costs 1,200,000
Traceable Fixed Costs 200,000
Average Invested Capital 400,000
Capital Charge 15%
 
1. The residual income amounted to?
2. Assuming the same information in the previous item, the return on investment percentage is?
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