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eBook Question Content Area Determining missing items in return and residual income computations Data for Uberto Company are presented in the following table of returns
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Question Content Area
Determining missing items in return and residual income computations
Data for Uberto Company are presented in the following table of returns on investment and residual incomes:
Invested Assets | Income from Operations | Return on Investment | Minimum Return on Investment | Minimum Acceptable Income from Operations | Residual Income | ||||||
$900,000 | $207,000 | (a) | 13% | (b) | (c) | ||||||
$470,000 | (d) | (e) | (f) | $56,400 | $18,800 | ||||||
$290,000 | (g) | 14% | (h) | $31,900 | (i) | ||||||
$220,000 | $46,200 | (j) | 12% | (k) | (l) |
Determine the missing values, identified by the letters above. For all amounts, round to the nearest whole number.
a. | fill in the blank 1 | % | |||||||
b. | $fill in the blank 2 | ||||||||
c. | $fill in the blank 3 | ||||||||
d. | $fill in the blank 4 | ||||||||
e. | fill in the blank 5 | % | |||||||
f. | fill in the blank 6 | % | |||||||
g. | $fill in the blank 7 | ||||||||
h. | fill in the blank 8 | % | |||||||
i. | $fill in the blank 9 | ||||||||
j. | fill in the blank 10 | % | |||||||
k. | $fill in the blank 11 | ||||||||
l. | $fill in the blank 12 |
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