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Unformatted text preview: to generate $460,000 of controllable margin, as shown in Illustration 21A-5 . Illustration 21A-5 Comparison of two products If the performance of these two investments were evaluated using residual income, they would be considered equal: Both products have the same total residual income. This ignores, however, the fact that SeaDog required twice as many operating assets to achieve the same level of residual income....
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This note was uploaded on 11/08/2011 for the course ACCOUNTING ac 202 taught by Professor - during the Fall '11 term at Montgomery.
- Fall '11