Your Company's residual income was $8,500.  Net income was $170,000 and average operating assets were $850,000.  What was the expected return percentage? Group of answer choices 17% 21% 19% 18% 20%

Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed expenses $ 400,000 268,000 140,000 40,000 $ 100,000 $ 425,000 Net operating income Average operating assets If the company's minimum required rate of return on average operating assets is 16%, its residual income would be: Multiple Choice $33.000. $35.000. $32.000. $34,000

Mason Corporation had $1,170,000 in invested assets, sales of $1,211,000, operating income amounting to $216,000, and a desired minimum return on investment of 14%. The profit margin for Mason Corporation is Oa. 14.0% Ob. 18.5% Oc. 17.8% Od. 96.6% Previous Next Email Instructor Submit Test for Grading All work saved.

Data about Les department of Les miserable’s company for the year are as follows: A. sales amounted to 880,000 at 12% margin B. return on investment was 20% C. minimum required rate of return was 15% The residual income of les department must be: A. 26,400 B. 42,240 C. 79,200 D.105,600

A company has a minimum cost of capital of 20%. The company reported income of $3,800, sales of $60,000 and an investment base in assets of $25,000. Calculate the residual income. O $1,200 O $ 8,200 O $1,200 O$-8,200 O Other:

Determine the IMU% which will be required to achieve a 5.2% profit with the following figures: • Markdowns 4.0% • Employee discounts • Expenses • Shortages • Cash discounts 0.9% 45.0% 1.2% 1.1% • Alteration costs 0.9% a.) Calculate the IMU% for this department b.) What is the Reduction% for this department

Marshall Corporation had $220,000 in invested assets, sales of $242,000, operating income of $66,000, and a desired minimum return on investment of 3%. The return on investment for Marshall Corporation is a. 3.0% b. 27.3% c. 30% d. 9.1%

The following data pertain to Turk Company's operations last year: Sales Net operating income Contribution margin Average operating assets Stockholders' equity Plant, property, & equipment Turk's return on investment for the year was: Multiple Choice O O 20% 4% 36% 15% $ 900,000 $ 36,000 $ 150,000 $ 180,000 $ 100,000 $ 120,000

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Pine Corp. has revenues of $520,000 resulting in an operating income of $66,560. Invested assets total $611,000. Residual income is $24,000. Calculate the new residual income if sales increase by 10% and the profit margin and invested assets remain the same. (Do not round your intermediate calculations.) A $0 B $30,656 C $42,560 D $10,496