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ID: 2524308 • Letter: L
Question
Ll-assignments&takeAssignmentSessionLocator-assignment-take;&inprogress-false; ms Determining missing items in return and residual income computations Data for Uberto Company are presented in the following table of rates of return on investment and residual incomes Invested Income from Return on Minimum Minimum Acceptable Residual Assets Operations Investment Return Income from Operations Income TAL $970,000 $242,500 1496 $480,000 $57,600 $19,200 $340,000 $260,000 Determine the missing values, identified by the letters above. For all amounts, round to the nearests 14% Ch) $37,400 552,000 G) 1196 a. b. d. 9- h. Check My WExplanation / Answer
answer
Notes: you can use the following formulas for calculating the above answers
1) ROI= income from operation /investedassets*100
2)min rate of return =min acceptable
income/assets*100
3)min acceptable income from operation
= invested assets *min return /100
4)Operaring income = min acceptable income +RI
5)RI= operating income -(operating assets *min rate/100)
Thank you
a 25percent b $135,800 c $106700 d $76800 e 16 percent f 14 percent g $47600 h 14 percentage i $10200 j 20 percentage k $28600 L $23400Related Questions
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