Sakri Industries reports the following fi nancial information. Average operating assets...........................................R3,000,000 Controllable margin.....................................................R 630,000 Minimum rate of
Question:
Sakri Industries reports the following fi nancial information.
Average operating assets...........................................R3,000,000
Controllable margin.....................................................R 630,000
Minimum rate of return..................................................10%
Compute the return on investment and the residual income.
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Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
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Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
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