Howard Company provided the following selected information about its consumer products division for the current year: Desired ROI 10?%Net income$249,000? Residual income$190,000? Based on this information, the division's investment amount was:
A. $1,900,000.
B. $590,000.
C. $4,390,000.
D. $2,490,000.
Answer: B
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The tradeoff in the data between unemployment and inflation is represented by the
A. Taylor rule. B. Say's law. C. Okun's law. D. Phillips curve.
Norton has determined that along the share-development path, his business should perform at an 85% level of product awareness, 76% in product preference, 68% in product availability, and 92% in rate of purchase
If the share potential index for Norton's business is 25%, at what level of purchase intentions should his business perform? A) 55% B) 97% C) 83% D) 74% E) 62%
A major tool guestologists use is ______.
a. Observation b. Surveying c. Theorizing d. Probabilistic Statistics
Answer the following statements true (T) or false (F)
1. When there are no units in the beginning Finished Goods Inventory and the units produced are more than the units sold, the operating income will be higher under variable costing than absorption costing. 2. Under variable costing, the units in the beginning Finished Goods Inventory contain fixed manufacturing overhead costs. 3. In variable costing, all fixed manufacturing overhead costs are expensed in the period incurred. 4. In absorption costing, the manufacturing costs expensed are greater than the amount expensed in variable costing when units produced are less than sold because the units in beginning inventory under absorption costing were assigned a greater cost in the previous accounting period. 5. When more units are sold than produced, operating income is less under absorption costing than variable costing.