subject
Business, 02.12.2019 22:31 kristenhani

Juniper design ltd. of manchester, england, is a company specializing in providing design services to residential developers. last year, the company had net operating income of $500,000 on sales of $1,400,000. the company’s average operating assets for the year were $1,600,000 and its minimum required rate of return was 12%. required: compute the company’s residual income for the year.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:00
Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks
Answers: 1
question
Business, 22.06.2019 18:30
Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?
Answers: 1
question
Business, 22.06.2019 19:10
Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.
Answers: 1
question
Business, 22.06.2019 21:00
On july 2, year 4, wynn, inc., purchased as a short-term investment a $1 million face-value kean co. 8% bond for $910,000 plus accrued interest to yield 10%. the bonds mature on january 1, year 11, and pay interest annually on january 1. on december 31, year 4, the bonds had a fair value of $945,000. on february 13, year 5, wynn sold the bonds for $920,000. in its december 31, year 4, balance sheet, what amount should wynn report for the bond if it is classified as an available-for-sale security?
Answers: 3
You know the right answer?
Juniper design ltd. of manchester, england, is a company specializing in providing design services t...
Questions
question
Mathematics, 15.04.2020 08:18
question
Biology, 15.04.2020 08:18
question
Biology, 15.04.2020 08:18
question
Mathematics, 15.04.2020 08:18
question
Mathematics, 15.04.2020 08:18