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Eckels Wares is a division of a major corporation. The following data are for the latest year of operations:
Sales $24,900,000Net Operating Income $1,319,700Operating Assets, 1/1/2012 $6,200,000Operating Assets, 31/12/2012 $5,800,000The company's minimum required rate of return 12% Required:Compute the following for the year 2012:
a. What is the division's margin?b. What is the division's turnover?c. What is the division's return on investment (ROI)?d. What is the division's residual income?
Question P A RT A Borrico ltd manufacture a single product and they had currently introduced a system of budgeting and variance analysis. The subsequent information i
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Automotive Products (AP) designs, manufactures, and sells automotive parts. It has 3 main operating departments: design, engineering, and production. 1.Design ñ the
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Gerona Company authorized the sale of $300,000 of 10%, 10-year debentures on January 1, 2008. Interest is payable on January 1 and July 1. The entire issue was sold on April 1, 200
can you guys do a project which is due in 2 weeks
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Dolphin Company uses special strapping equipment in its packaging business. The equipment was purchased in January 2013 for $8,000,000 and had an estimated useful life of 8 years w
budget preparation
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