Week 8 Assignment.docx - Week Chapter/Page Quiz Problems 8...

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WeekChapter/PageQuiz Problems8Chapter 241147 & 1155-1156&Chapter 25Page 1197PE 24-4A, PE 24-5A, PR 24-1A (#1 only), PR 24-2A(#1 only)&PE 25-7A, PE 25-8AYou do not submit your assigned problems. Youdo not e-mail your completed problems.You willtake a quiz each week, which will contain questions about your assigned problems and concepts fromthe current chapter(s).PE 24-4Aa.Profit Margin = 112,500 / 1,875,000 = 6%b.Investment Turnover = 1,875,000 / 750,000 = 2.5c.Rate of Return on Investment = 6% x 2.5 = 15%PE 24-5AIncome from operations...............................................................................$ 90,000Less:Minimum acceptable income from operations as a percentof assets.................................................................................................45,000Residual income...........................................................................................$45,000PR 24-1A(#1 only)1.VALOTIC TECH, Inc.Budget Performance Report—Director, Consumer Products DivisionFor the Month Ended January 31, 2016BudgetActualOverBudgetUnderBudgetCustomer service salaries
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Term
Spring
Professor
Vasconcellos

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