Return and Residual Income Computations Assignment
Return and Residual Income Computations Assignment
Determining missing items in return and residual income computations , Data for Uberto Company are presented in the following table of returns on investment and residual incomes:
| Invested Assets | Income from Operations | Return on Investment | Minimum Return on Investment | Minimum Acceptable Income from Operations | Residual Income | ||||||
| $800,000 | $176,000 | (a) | 12% | (b) | (c) | ||||||
| $590,000 | (d) | (e) | (f) | $64,900 | $29,500 | ||||||
| $390,000 | (g) | 14% | (h) | $39,000 | (i) | ||||||
| $290,000 | $55,100 | (j) | 11% | (k) | (l) | ||||||
Determine the missing values, identified by the letters above. For all amounts, round to the nearest whole number.
| a. | % | ||||||||
| b. | $ | ||||||||
| c. | $ | ||||||||
| d. | $ | ||||||||
| e. | % | ||||||||
| f. | % | ||||||||
| g. | $ | ||||||||
| h. | % | ||||||||
| i. | $ | ||||||||
| j. | % | ||||||||
| k. | $ | ||||||||
| l. | $ | ||||||||
Get Accounting homework help today
