Imagination Corporation uses residual income to evaluate the performance of its divisions. Imagination's minimum required rate of return is 11%. In April, the Commercial Products Division had average operating assets of $100,000 and net operating income of $9,400. What was the Commercial Products Division's residual income in April?
A. $(1,600).
B. $1,034.
C. $(1,034).
D. $1,600.
Answer: A
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The discount rate that firms use in measuring the pension plan liability is the rate of return on
a. high-quality equity investments. b. low-quality fixed-income investments with a maturity approximately equal to the period to maturity of the pension benefits. c. average-quality fixed-income investments with a maturity approximately equal to the period to maturity of the pension benefits. d. high-quality fixed-income investments with a maturity approximately equal to the period to maturity of the pension benefits. e. certificates of deposit with a maturity approximately equal to the period to maturity of the pension benefits.
The cost of goods sold appearing on the income statement as an expense is the normal cost of goods sold
Indicate whether the statement is true or false
Walmart's Retail Link provides real time purchase data to suppliers of goods sold at Walmart stores. Retail Link is an example of a ________ source of Big Data.
A. commercial entity B. social media C. corporate I.T. D. government E. partner database
Information redundancy is the duplication of data, or the storage of the same data in multiple places.
Answer the following statement true (T) or false (F)