Determining missing items in return and residual income computations Data are presented in the following table of returns on investment and residual incomes: Invested Assets Operating Income Return on Investment Minimum Return on Investment Minimum Acceptable Operating Income Residual Income $800,000 $200,000 (a) 14% (b) (c) $480,000 (d) (e) (f) $57,600 $19,200 $380,000 (g) 14% (h) $38,000 (i) $290,000 $55,100 (j) 12% (k) (l) Determine the missing items, identifying each item by the appropriate letter. For all amounts, round to the nearest whole number. a. fill in the blank 1 % b. $fill in the blank 2 c. $fill in the blank 3 d. $fill in the blank 4 e. fill in the blank 5 % f. fill in the blank 6 % g. $fill in the blank 7 h. fill in the blank 8 % i. $fill in the blank 9 j. fill in the blank 10 % k. $fill in the blank 11 l. $fill in the blank 12

Determining missing items in return and residual income computations Data are presented in the following table of returns on investment and residual incomes: Invested Assets Operating Income Return on Investment Minimum Return on Investment Minimum Acceptable Operating Income Residual Income $800,000 $200,000 (a) 14% (b) (c) $480,000 (d) (e) (f) $57,600 $19,200 $380,000 (g) 14% (h) $38,000 (i) $290,000 $55,100 (j) 12% (k) (l) Determine the missing items, identifying each item by the appropriate letter. For all amounts, round to the nearest whole number. a. fill in the blank 1 % b. $fill in the blank 2 c. $fill in the blank 3 d. $fill in the blank 4 e. fill in the blank 5 % f. fill in the blank 6 % g. $fill in the blank 7 h. fill in the blank 8 % i. $fill in the blank 9 j. fill in the blank 10 % k. $fill in the blank 11 l. $fill in the blank 12

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 90PSA

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Determining missing items in return and residual income computations

Data are presented in the following table of returns on investment and residual incomes:

Invested Assets	Operating Income	Return on Investment	Minimum Return on Investment	Minimum Acceptable Operating Income	Residual Income
$800,000		$200,000		(a)		14%	(b)	(c)
$480,000		(d)		(e)		(f)	$57,600	$19,200
$380,000		(g)		14%		(h)	$38,000	(i)
$290,000		$55,100		(j)		12%	(k)	(l)

Determine the missing items, identifying each item by the appropriate letter. For all amounts, round to the nearest whole number.

a.	fill in the blank 1	%
b.	$fill in the blank 2
c.	$fill in the blank 3
d.	$fill in the blank 4
e.	fill in the blank 5	%
f.	fill in the blank 6	%
g.	$fill in the blank 7
h.	fill in the blank 8	%
i.	$fill in the blank 9
j.	fill in the blank 10	%
k.	$fill in the blank 11
l.	$fill in the blank 12

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