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Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
النسخة 6الرقم المعياري الدولي: 978-1305103962Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
النسخة 6الرقم المعياري الدولي: 978-1305103962 تمرين 5
Calculating Residual Income
East Mullett Manufacturing earned operating income last year as shown in the following income statement:
At the beginning of the year, the value of operating assets was $1,600,000. At the end of the year, the value of operating assets was $1,400,000.
Refer to the information for East Mullett Manufacturing above. East Mullett requires a minimum rate of return of 5%.
Required:
Calculate (1) average operating assets and (2) residual income.
East Mullett Manufacturing earned operating income last year as shown in the following income statement:
At the beginning of the year, the value of operating assets was $1,600,000. At the end of the year, the value of operating assets was $1,400,000.
Refer to the information for East Mullett Manufacturing above. East Mullett requires a minimum rate of return of 5%.
Required:
Calculate (1) average operating assets and (2) residual income.
التوضيح
موثّق
موثّق
(1)
Average Operating Assets:
Organiza...
Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
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