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The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales Net operating income Average operating assets Stockholders' equity Residual income $860,000 $
The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales Net operating income Average operating assets Stockholders' equity Residual income $860,000 $ 56,000 $360,000 $ 86,000 $ 26,000 For the past year, the margin used in ROI calculations was: Multiple Choice 6.51% 9.53% 9.18% 10.00% Berand Clinicases the direct method to locate service department cost perting departments. The clinic has two service des Personnel and Support and writing der Prental and Peders Operating Departments Department Per Support Prenatal Pediatrics Departmental costa $20,688 545,036 $109,190 $298,930 Employee hours 30.000 17,000 Space cupied 3,000 Personnel Department com are located on the basis of employee hours and coort Department consected on the basis of speed in the oldes Department comes the locations of een cost is closest to SH 30 O WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted data for the next month is as follows: Units produced Per unit sales value at split-off Added processing costs per unit Per unit sales value it processed further Product XProduct YProduct 2 1,900 2,400 3,400 $17.00 $21.00 $19.00 $ 2.00 $ 4.00 $ 4.00 $22.00 $22.00 $27.00 The cost of the joint raw material input is $72,000. Which of the products should be processed beyond the split-off point? A) Product X yes yes no no Product Y yes no yes yes Product no yes no c) D) Multiple Choice Choice D Choice A Choice Choice Eddie Corporation is considering the following three investment projects (Ignore income taxes.) Investment required Present value of cash inflows Project C Project D $ 11,300 $ 44,000 $12,080 $53,320 Project E $ 89,000 $100,110 The profitability index of investment project D is closest to: Multiple Choice 0.21 121 0.17 0.79
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