Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 14 assume that division blue has achieved a yearly

14 Assume that Division Blue has achieved a yearly income from operations of $155,000 using...

70.2K

Verified Solution

Question

Accounting

14

Assume that Division Blue has achieved a yearly income from operations of $155,000 using $1,051,000 of invested assets. If management has set a minimum acceptable return of 11%, the residual income is

a.$155,000

b.$47,268

c.$31,512

d.$39,390

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

An appropriate graphical way to display housing stall small paddock large paddock pasture or other...

Chemistry
1.2K views

A compound contains only carbon, hydrogen, and oxygen. Combustion of 21.16 mg of the compound yields...

Physics
1.2K views

A soap film in a wire lop is held vertical and viewed under sunlight. The top...

Mechanical Engineering
1.2K views

What are some topics to discuss relating to the public, safety, and welfare in regards to...

Biology
1.2K views

Which of the following is true about the March on Washington in 1963?A. The protesters...

Biology
1.2K views

Hemophilia A is an X linked recessive trait in humans The normal allele is designated...

Physics
1.2K views

Which statement is incorrect All reversible cycles have same efficiency 2 Reversible cycle has more...

Physics
1.2K views

The phase at a time t of a particle in simple harmonic motion tells Only...

Accounting
1.2K views

Interest expense adjustments for government-wide financial statements Mike Village sold $1,000,000 of general...

Finance
1.2K views

As you think about applying for a home loan, a generally accepted ratio of mortgage...

Finance
1.2K views

stuck need help.thank you A stock is expected to...

Accounting
1.2K views

Salespersons' Report and Analysis Pachec Inc. employs seven salespersons to sell and distribute its product...