Exercise 1. Return on investment vs. residual income. For each of the following independent cases, the...
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Exercise 1. Return on investment vs. residual income. For each of the following independent cases, the minimum desired Return on Investment is 20% Sales Operating Income Operating Assets Profit Margin Asset Turnover Residual Income Return on Investment Division A P100,000 12% 15% Required: Compute for the missing items. Division B P70,000 8% 2.50 Division C P168,000 10,000 5,280 Exercise 1. Return on investment vs. residual income. For each of the following independent cases, the minimum desired Return on Investment is 20% Sales Operating Income Operating Assets Profit Margin Asset Turnover Residual Income Return on Investment Division A P100,000 12% 15% Required: Compute for the missing items. Division B P70,000 8% 2.50 Division C P168,000 10,000 5,280
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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