Please provide the solutions with step by step Workings

1)For theperiod just ended,United Corporation's Delta Division reported profit of $31.9millionand invested capital of $220 million.Assuming an imputed interest rate of 12%, which of the following choices correctly denotes Delta's return on investment (ROI) and residual income?

Return on Investment Residual Income

A.12.0% $(5.5)million

B.12.0% $5.5 million

C.14.5% $(5.5)million

D.14.5% $5.5 million

E.14.5% $26.4 million

2)Somerset Corporation is composed of five divisions, and each division is allocated a share of Somerset overhead to make divisional managers aware of the cost of running the corporate headquarters. The following information relates to the Metro Division: Sales $7,500,000 Variable operating costs 5,100,000 Traceable fixed operating costs 1,900,000 Allocated corporate overhead 300,000 If the Metro Division is closed, 100% of the traceable fixed operating costs can be eliminated. What will be the impact on Somerset's overall profitability if the Metro Division is closed?

A. Decrease by $200,000.

B. Decrease by $500,000.

C. Decrease by $2,100,000.

D. Decrease by $2,400,000.

3)Brooklyn makes all purchases on account, subject to the following payment pattern: Paid in the month of purchase: 30% Paid in the first month following purchase: 65% Paid in the second month following purchase: 5% If purchases for April, May, and June were $200,000, $160,000, and $250,000, respectively, what was the firm's budgeted PAYABLES balance on June 30?

A. $175,000.

B. $179,000.

C. $183,000.

D. $189,000.

4)Wolfe, Inc., began operations on January 1 of the current year with a $12,000 cash balance. Forty percent of sales are collected in the month of sale; 60% are collected in the month following sale. Similarly, 20% of purchases are paid in the month of purchase, and 80% are paid in the month following purchase. The following data apply to January and February: January February Sales $35,000 $55,000 Purchases 30,000 40,000 Operating expenses 7,000 9,000 If operating expenses are paid in the month incurred and include monthly depreciation charges of $2,500, determine the change in Wolfe's cash balance during February.

A. $2,000 increase.

B. $4,500 increase.

C. $5,000 increase.

D. $7,500 increase.

5)The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions:

Restin INC Los Angeles Division Bay Area Division Central Valley Division

Revenues $760,000 $200,000 $235,000 $325,000

variable operating expenses 410,000 110,000 120,000 180,000

Controllable fixed expenses 210,000 65,000 75,000 70,000

non controllable expenses 60,000 15,000 20,000 25,000

In addition, the company incurred common fixed costs of $18,000.

5(1). Assuming use of a responsibility accounting system, which of the following amounts should be used to evaluate the performance of the Los Angeles division manager?

A. $4,000.

B. $8,000.

C. $10,000.

D. $25,000.

E. $90,000.

5(2). Which of the following amounts should be used to evaluate whether Restin, Inc., should continue to invest company resources in the Los Angeles division?

A. $4,000.

B. $8,000.

C. $10,000.

D. $25,000.

E. $90,000.