Answered step by step

Verified Expert Solution

Link Copied!

Question

...

1 Approved Answer

Posted on Jun 15, 2024

Scotch Co. has the following results for the year: Sales P740,000 Variable expenses 260,000 Fixed expenses 300,000 Total divisional assets average P1,000,000.The companys minimum required

Scotch Co. has the following results for the year:

Sales P740,000

Variable expenses 260,000

Fixed expenses 300,000

Total divisional assets average P1,000,000.The companys minimum required rate of return is 14 percent.The residual income and return on investment for Scotch are:

A.

B.

C.

D.

Residual Income

P36,000

P40,000

P36,000

P40,000

Return on Investment

36%

18%

18%

36%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered 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

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

9781119563099

Students also viewed these Accounting questions

Question

2.19 The histogram of a 32 * 32, 3 bit gray level image is given in Table 2.4. We wish to modify the gray scale of this image such that the histogram of the processed image is as close as possible to...

Answered: 1 week ago

Question

★★★★★

Assume an economy with two firms. Firm A produces wheat and firm B produces bread. In a given year, firm A produces 50,000 bushels of wheat, sells 20,000 bushels to firm B at $3 per bushel, exports...

Answered: 1 week ago

Question

★★★★★

Which of the following budgets allow for adj. in activity level s? a. Static Budget b. Continuous Budget c. Zero-Based Budget d. Flexible Budget Pipe Co. has a beginning inventory of 10,000 units....

Answered: 1 week ago

Question

★★★★★

Examples of agency costs are: A. The total dividends paid to shareholders over the lifetime of the firm. B. The costs that result from default and bankruptcy of the firm. C. The costs of the conflict...

Answered: 1 week ago

Question

★★★★★

23. A simple pendulum consists of a small sphere of mass, m suspended by a thread of length, L. The sphere carries a positive charge, q. The pendulum is placed in a uniform electric field, E directed...

Answered: 1 week ago

Question

★★★★★

During jury selection at his state court trial for aggravated murder and related offenses, the state used all 6 of their peremptory challenges to strike the only 6 black individuals from the jury....

Answered: 1 week ago

Question

★★★★★

24. Four point charges Q.q.Q and q are placed at the corners of a square of side, a. Find the resultant force on a charge, Q. (CBSE 2018)

Answered: 1 week ago

Question

★★★★★

25. Three point charges q, -4q and 2q are placed at the vertices of an equilateral triangle ABC of side, I as shown in Fig. 1.31. Find the resultant electric force on the charge, q. (CBSE 2018)

Answered: 1 week ago

Question

★★★★★

26. How many electrons will have a total charge of one coulomb? (UP 2010, 17)

Answered: 1 week ago

Question

★★★★★

Analyze the followingT-accounts: Raw Materials Inventory: Work-in-Process Inventory Bal. 3500 Bal. 1,000 31000 25500 20,000 33000 9,000 Bal 9000 16200 Bal. 13,200 Finished Goods Inventory Accumulated...

Answered: 1 week ago

Previous Question Next Question