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 AssetsIncome from OperationsReturn on InvestmentMinimum Return on InvestmentMinimum Acceptable Income from OperationsResidual 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)

Return and Residual Income Computations AssignmentDetermine 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.$

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