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24. Division B had an ROI last year of 15%. The division's minimum required rate of 10%. If the division's average operating assets last year

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24. Division B had an ROI last year of 15%. The division's minimum required rate of 10%. If the division's average operating assets last year residual income for last year was: A. $67,500 B. $22,500 C. $37,500 D. $45,000 return is were $450.000, then the division's 25. Uchi mura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $42,000. The AFE Division's divisional segment. margin is $15,700 and the GBI Division's divisional segment margin is S175.400. What iS the amount of the common fixed expense not traceable to the individual divisions? A) $149,100 B) $57,700 C) $217,400 D) $191,100 Use the following to answer questions 26-27: The Hum Division of the Ho Company reported the following data for last year $800,000 $650,000 Sales... Operating expenses Interest expense. $50,000 Tax expense.$30,000 Stockholders' equity...$200,000 Average operating assets$600,000 Minimum required rate of return. 12% 26. The residual income for the Hum Division last year was: A) $126,000 B) $46,000 C) $78,000 D) $22,000 27. The return on investment last year for the Hum Division was: A) B) C) D) 75% 25% 35% 12%

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