Chap 11 quiz Daab Products - Assignment Chapter 11 Quiz...

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Unformatted text preview: Assignment: Chapter 11 Quiz WHO“) 8' Enceptioos Available From: 012252016 01:00AM PST Due By: 04-11-2016 11 :59PM PDT Time Limit: 80 minutes A1 Score: 20/20 Poms 100 as 8_ Awarczonctznopuu Mcmnmmisnmofamda. DEED PI'OdUCtS B a dMSIOfl 0'8 "18]“ corporation. The following m are for the most recent year 0' operation: Sales ................................................................... $1 1.520.000 Net operating income ............................................ 5322.560 Average operating assets ...................................... $3.000.000 The company’s minimum required rate of return ...... 10% The division: residual Income ls closest to: O “029 440) O . 322.560 0 $622 560 O 3322 560 Net operating income ............................................ 3322.560 Minimum required return (33.000000 x 10%) ......... 300.000 Residual income ................................................... 3 22.560 m ”an. Dummy. 1 Easy at: an n- uaming Objective: 11-02 m II n.- “ Comptle residual We and a *— understand It: strengths and “BMW. ...
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