subject
Business, 01.12.2021 01:30 gladysvergara

The owner of Denver Toy Manufacturing Company has recently expanded his business in order to add an additional product line. In addition to toys, the company now sells shirts. The company has a minimum rate of return of 11%. Toys Shirts Sales $600,000 $200,000 Controllable margin 120,000 10,000 Average operating assets 900,000 200,000 Compute the residual income for both investment centers. (Enter negative amounts using either a negative sign preceding the number e. g. -45 or parentheses e. g. (45).)

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 14:30
What is the opportunity cost (in civilian output) of a defense buildup that raises military spending from 4.0 to 4.3 percent of an $18 trillion economy? instructions: enter your response rounded to the nearest whole number?
Answers: 3
question
Business, 22.06.2019 01:30
Someone knows the answer i need in the exam
Answers: 2
question
Business, 22.06.2019 15:20
Martinez company has the following two temporary differences between its income tax expense and income taxes payable. 2017 2018 2019 pretax financial income $873,000 $866,000 $947,000 (2017' 2018, 2019) excess depreciation expense on tax return (29,400 ) (39,000 ) (9,600 ) (2017' 2018, 2019) excess warranty expense in financial income 20,000 9,900 8,300 (2017' 2018, 2019) taxable income $863,600 $836,900 $945,700(2017' 2018, 2019) the income tax rate for all years is 40%. instructions: a. prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2017, 2018, and 2019. b. assuming there were no temporary differences prior to 2016, indicate how deferred taxes will be reported on the 2016 balance sheet. button's warranty is for 12 months. c. prepare the income tax expense section of the income statement for 2017, beginning with the line, "pretax financial income."
Answers: 3
question
Business, 22.06.2019 20:40
Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.
Answers: 2
You know the right answer?
The owner of Denver Toy Manufacturing Company has recently expanded his business in order to add an...
Questions
question
English, 30.07.2019 10:30
question
Social Studies, 30.07.2019 10:30
Questions on the website: 13722363