Question
The Magazine Division of XYZ publication Company had the following financial data for the year: Assets available for use P 1,000,000 BV P1,500,000 MV Residual
The Magazine Division of XYZ publication Company had the following financial data for the year:
| Assets available for use | P 1,000,000 BV P1,500,000 MV |
| Residual income | P 100,000 |
| Return on investment | 15% |
A. What was the Magazine Divisions segment income?
B. If the manager of the Magazine Division is evaluated based on return on investment, how much would she willing to pay for an investment that promise to increase net segment income by P50,000?
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Structured Edp Auditing
Authors: Gabriel Rothberg
1st Edition
0534979319, 978-0534979317
