If net operating income is $83,000, average operating assets are $415,000, and the minimum required rate of return is 14%, what is the residual income?
A. $24,900
B. $58,100
C. $107,900
D. $33,200
Answer: A
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You and your sister have started your own company called “Yummy Dog Treats.” Your local newspaper publishes an article about it. Which type of communication is this?
a. mass b. masspersonal c. public d. mediated
An advantage of a bottom-up retail plan is the _____
a. ability to keep the plan secret b. ability to handle complex assumptions c. active involvement of lower- and middle-level managers d. ability to gain acceptance by senior-level retail personnel
Identify the two reliability tactics and the two maintenance tactics
What will be an ideal response?
Topsider Inc. is evaluating whether to replace an existing leather-cutting machine with a new machine that has a five-year life. The old machine has current salvage value equal to $3,000; its salvage value in five years is expected to be zero. The net (after-tax) salvage value of the new machine in five years is expected to be $6,000. If the new machine is purchased, Topsider will have to invest $3,520 in its net working capital. Based on this information, what is the new machine's terminal cash?
A. $6,000 B. $3,520 C. $9,520 D. $7,000 E. $3,000