Question
Purple Professional Services, a division of Alaskan Fuel Company provides various services to the operators of the North Slope oil field in Alaska. Restore The
Purple Professional Services, a division of Alaskan Fuel Company provides various services to the operators of the North Slope oil field in Alaska. Restore The Land is a newer division of Alaskan Fuel Company dedicated to returning drilling areas to a healthy state. Alaskan Fuel Company has a required minimum rate of return of 15%. Company data concerning the most recent year appear below:
Purple Professional Services | Restore The Land | |
Sales | $18,700,000 | $60,000,000 |
Net Operating income | $6,600,000 | $6,600,000 |
Average Operating assets | $36,900,000 | $50,000,000 |
What is the Return on Investments for Purple Professional Services?
What is the Return on Investments for Restore The Land?
What is the Residual Income for Purple Professional Services?
What is the Residual Income for Restore The Land?
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What is the Return on Investments for Purple Professional Services? Your answer should be a percentage - round to 2 points after the decimal in the percentage in the form: 88.88%
Question 55 pts
What is the Return on Investments for Restore The Land? Your answer should be a percentage - round to 2 points after the decimal in the percentage in the form: 88.88%
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Question 65 pts
What is the Residual Income for Purple Professional Services? Your answer should be a dollar amount in the form: $15,000.
Question 75 pts
What is the Residual Income for Restore The Land? Your answer should be a dollar amount in the form: $15,000.
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