Residual value does not affect which of the following capital budgeting decision making analysis methods? a. Internal Rate of Return b. Net Present Value c. Accounting Rate of Return d. Payback The following questions are 4 points each. 15, Goza Company desires a minimum return of 12% from a hobby business. Information for the first month is: Sales $1000,000 Operating Income $60,000 Average total assets $400,000 The profit margin is a. 12% b. 6% C. 15% d. 16.7% Using the information from Goza Company, the asset turnover is a. 2.5 b.40% c. 4 d. 6.67 Using the information from Goza Company, the ROI is a. 12% b. 15% c. 48% d. 41.67% Using the information from Goza Company, the Residual Income is a. $60,000 b. $48,000 c. $120,000 d. $12,000 Cammosports makes a small tent for camping that has a standard of 3 hours of direct labor at a cost of $17 per hour. The actual cost for last month was $17.80 and the workers put in 189 hours and produced a total of 84 tents. The direct labor cost or rate (price) variance is a. $919.80U b. $201.60U c. $151.20U d. $67.20U