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Determining missing items in return and residual income computations Data are presented in the following table of returns on investment and residual incomes: Invested Assets
Determining missing items in return and residual income computations
Data are presented in the following table of returns on investment and residual incomes:
Invested Assets | Operating Income | Return on Investment | Minimum Return on Investment | Minimum Acceptable Operating Income | Residual Income | ||||||
$850,000 | $187,000 | (a) | 12% | (b) | (c) | ||||||
$480,000 | (d) | (e) | (f) | $52,800 | $24,000 | ||||||
$290,000 | (g) | 14% | (h) | $29,000 | (i) | ||||||
$220,000 | $46,200 | (j) | 13% | (k) | (l) |
Determine the missing items, identifying each item by the appropriate letter. For all amounts, round to the nearest whole number.
a. | % | ||||||||
b. | $ | ||||||||
c. | $ | ||||||||
d. | $ | ||||||||
e. | % | ||||||||
f. | % | ||||||||
g. | $ | ||||||||
h. | % | ||||||||
i. | $ | ||||||||
j. | % | ||||||||
k. | $ | ||||||||
l. | $ |
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