Determining missing items in return and residual income computations Data for Uberto Company are presented in the following table of rates of return on investment and residual incomes: Invested Assets Income from Operations Return on Investment Minimum Return Minimum Acceptable Income from Operations Residual Income $980,000   $225,400   (a)   13%   (b)   (c)   $600,000   (d)   (e)   (f)   $72,000   $24,000   $320,000   (g)   14%   (h)   $35,200   (i)   $240,000   $45,600   (j)   11%   (k)   (l)   Determine the missing values, identified by the letters above. For all amounts, round to the nearest whole number.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Determining missing items in return and residual income computations

Data for Uberto Company are presented in the following table of rates of return on investment and residual incomes:


Invested Assets

Income from Operations

Return on Investment
Minimum Return Minimum Acceptable Income from Operations
Residual Income
$980,000   $225,400   (a)   13%   (b)   (c)  
$600,000   (d)   (e)   (f)   $72,000   $24,000  
$320,000   (g)   14%   (h)   $35,200   (i)  
$240,000   $45,600   (j)   11%   (k)   (l)  

Determine the missing values, identified by the letters above. For all amounts, round to the nearest whole number.

а.
%
b.
C.
d.
е.
%
f.
%
g.
h.
%
i.
j.
%
k.
I.
%24
%24
%24
%24
%24
%24
%24
Transcribed Image Text:а. % b. C. d. е. % f. % g. h. % i. j. % k. I. %24 %24 %24 %24 %24 %24 %24
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