12. Z Division of XYZ Corp. has the following information for 2002:Assets available for$1,800,00010%Target rate of returnResidual incomeWhat was Z Division's return on investment for 2002? (M)a 15%b. 10%$270,000C. 25%d.20%Barfield

Target income = $1,800,000 x 10% = $180,000

Answered: 12. Z Division of XYZ Corp. has the…

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter14: Decentralized Operations

Section: Chapter Questions

Problem 3SEQ: Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of...

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12. Z Division of XYZ Corp. has the following information for 2002: $1,800,000 10% Assets available for Target rate of return Residual income What was Z Division's return on investment for 2002? (M) a 15% b. 10% $270,000 C. 25% d. 20% Bar