Define residual income. Evaluate residual income as a measure of performance
Residual income is the remainder of net profit once a target cost of capital has been taken into consideration. Residual income is determined by deducting from net income a prescribed or imputed interest charge on assets. This method allows an organization to use different rates of interest for various organizational assets. A main advantage of using RI is that it overcomes some limitations of ROI (sub-optimization).
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Which of the following will improve the conciseness of the document?
A) Replacing long words and phrases B) Replacing awkward references C) Uses a variety of sentence structures D) Changing verbs into nouns E) Using a variety of sentence structures for similar ideas
Why would Kevin Salazar most likely meet with purchasing agent again after being denied a sale?
A) Kevin's sales manager requires that he use a canned presentation. B) Kevin needs to meet a quota of sales presentations for the month. C) The competition offers an inferior product to Kevin's company. D) The previous presentation focused too much on customer needs. E) Kevin wants to show a strong commitment to getting the buyer's business.
An advertising researcher would most likely use ________ to measure the effectiveness of a television commercial in getting attention and increasing brand awareness.
A. perceptual meaning studies B. portfolio tests C. order-of-merit tests D. paired-comparison methods E. clutter tests
Bar charts are graphs with horizontal or vertical bars representing values
Indicate whether the statement is true or false