Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 06, 2024

Gilberto Co. reported the following statistics and results for 20x2: ROI 20% Invested capital $197994 Return on sales 14% Cost of capital 16% What was

Gilberto Co. reported the following statistics and results for 20x2:

	ROI	20%
	Invested capital	$197994
	Return on sales	14%
	Cost of capital	16%

What was Gilbertos residual income for 20x2?

Select one:

a. $11880

b. $7920

c. $3960

d. $0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Word Search Puzzle Book For Auditing Clerk

Authors: Lx Antu

1st Edition

B09KN7YDD6, 979-8757688466

More Books

Students also viewed these Accounting questions

Question

★★★★★

Home Health Care, LLP, incurred the following service-related activity costs for the month. Prepare an analysis of the costs of conformance by identifying the prevention costs and appraisal costs,...

Answered: 1 week ago

Question

★★★★★

When inserting into a 2 - 3 tree, the height of the tree increases by splitting the root node. Question options: True False

Answered: 1 week ago

Question

★★★★★

Analyze their strengths and weaknesses before starting a project, then discuss with the teacher or peers how they will use their strengths and overcome their weaknesses as they work on the project.

Answered: 1 week ago

Question

★★★★★

Design and plot a critical ratio for a Web site project that has planned constant, linear spending from 0 to a total of 1000 over a 100-day duration. In fact, daily spending for the first 15 days has...

Answered: 1 week ago

Question

★★★★★

(Display patterns) Write a C++program that displays a pattern of stars. The program reads an odd number in the range 1 to 19 to specify the number of rows in the pattern. Your program should then...

Answered: 1 week ago

Question

★★★★★

Assume r= 12% Q1 Mr Ali has an option of investing in one project from the proposed three different projects. The initial investment and cash flows are given below years Cf - project 1 Cf - project 2...

Answered: 1 week ago

Question

★★★★★

Understand the potential data biases in the Data Science process for designing a modern information system. Explain the issues related to representation biases in the design of such systems. You can...

Answered: 1 week ago

Question

★★★★★

Jennifer Lopez and Ben Affleck are purchasing their first investment property together consisting of a 150,000 SF shopping center has an average rents of $32 per SF per year for an NNN lease.The...

Answered: 1 week ago

Question

★★★★★

Prepare an MRP Progress Report that is similar to an agile standup meeting. Using the textbox below address the three questions thoroughly: What have you completed since the last MRP Progress Report...

Answered: 1 week ago

Question

★★★★★

Scenario Larry, the head of Marketing has heard about you. And at TNH Tires, like much of the rest of the world, the reward for good work is more work. Larry: Thank you so much for making time for...

Answered: 1 week ago

Question

★★★★★

Pick a resource and data set that CloudWatch monitors and collects. How would the use of CloudWatch make a difference in your cloud maintenance? How will you use the data gathered by CloudWatch? Will...

Answered: 1 week ago

Question

★★★★★

Tell me what you know about our organization that led you to be interested in us.

Answered: 1 week ago

Question

★★★★★

Describe the place/city/surroundings that would be your ideal working environment.

Answered: 1 week ago

Question

★★★★★

Describe your ideal working day.

Answered: 1 week ago

Previous Question Next Question