Determining missing items in return on investment and residual income computations The following table presents various rates of return on investment and residual incomes:
Determining missing items in return on investment and residual income computations The following table presents various rates of return on investment and residual incomes: Minimum Minimum Acceptable Invested Assets Operating Income Return on Rate of Operating Residual Investment Return Income Income $950,000 $218,500 (a) 13% (b) (c) 620,000 (d) (e) (f) $68,200 $31,000 280,000 (g) 14% (h) 30,800 (i) 210,000 42,000 (j) 12% (k) (1) Determine the missing items, identifying each item by the appropriate letter. Round dollar amounts to the nearest whole number. Answer a. 23 % b. 123,500 V C. 95,000 d. 80,600 X e. 13 X % f. % g. 39,200 h. 14 X %
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