Date for XYZ company is presented in the following table ofrates and return on i

Question

Date for XYZ company is presented in the following table ofrates and return on investment and residual income.

invested         Income from      Rate of returnon        minimumrate    minimum         resuidual

Assets             operations            investments             ofreturn            acceptable         income

                                                                                                               incomefrom

                                                                                                                operations

643750                 115875               (a)                        12%                   (b)                     (c)            

418750                  (d)                     (e)                         (f)                     62813                16750

275000                  (g)                     12%                       (h)                    44000                   (i)

600,000               84000                  (j)                         10%                    (k)                      (l)

Determine the missing items, identifying each item bythe appropriate letter.

Explanation / Answer

Answers are listed in order of computation...
B) 12% * 643750 = 77250 C) 115875 - 77250 = 38625 D) 16750 + 62813 = 79563 E) 78933 / 418750 = 19% F) 62813 / 418750 = 15% G) 12% * 275000 = 33000 H) 44000 / 275000 = 16% I) 33000 - 44000 = -11000 J) 84000 / 600000 = 14% K) 10% * 600000 = 60000 L) 84000 - 60000 = 24000

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