Washington company has two divisions: the adams division and the jefferson division. the following information pertains to last year's results: adams division jefferson division net (after-tax) income $ 605,000 $ 315,000 total capital employed 4,000,000 3,250,000 in addition, washington company's top management has set a minimum acceptable rate of return equal to 8%. required: 1. calculate the residual income for the adams division. $ 2. calculate the residual income for the jefferson division

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000

At cooly cola, we are testing the appeal of our new diet one cola. in a taste test of 250 randomly chosen cola drinkers, 200 consumers preferred diet one cola to the leading brand. assuming that the sample were large enough, the large-sample 95% confidence interval for the population proportion of cola drinkers that prefer diet one cola would be: