Sakri Industries reports the following fi nancial information. Average operating assets...........................................R3,000,000 Controllable margin.....................................................R 630,000 Minimum rate of
Question:
Sakri Industries reports the following fi nancial information.
Average operating assets...........................................R3,000,000
Controllable margin.....................................................R 630,000
Minimum rate of return..................................................10%
Compute the return on investment and the residual income.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
Controllable Margin Average Operating Assets ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
Question Posted:
Students also viewed these Business questions
-
Otay Lakes Park is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following fi nancial information as of December 31, 2022. Instructions a. Determine Otay Lakes...
-
At December 31, 2017, Nicholay Industries reports the following selected accounts from the unadjusted trial balance for its first year of operations: Instructions (a) Prepare the journal entry to...
-
Tandika Industries reports the following total costs at two levels of production. Classify each cost as variable, fixed, or mixed. 5,000 Units 10,000 Units Rp 3,000,000 7,000,000 28,000,000 Rp...
-
In this photo, Ramu is eating raw meat. What do Ramus behaviors suggest about how we develop self-concepts? Would you define Ramu as a human or a wolf?
-
Changing the Damping Consider the mass-spring system + b + x = 0, x(0) = 4, (0) = 0. For damping coefficient b = 0, 0.5, 1, 2, 4, the corresponding solutions are plotted together in Fig. 4.3. 12 (a)...
-
Think about a decision youve recently made. Did you make that decision in a rational and logical way? If yes, how did you structure your decision-making process? If no, in what ways was your...
-
World Series Champs As of this writing, the New York Yankees were the last team to win the World Series, and the numbers of the starting lineup are 2, 18, 25, 13, 20, 55, 24, 33, and 53. The average...
-
Komissarov Company has a debt investment in the bonds issued by Keune Inc. The bonds were purchased at par for $400,000 and, at the end of 2012, have a remaining life of 3 years with annual interest...
-
Use the information in the adjusted trial balance presented below to calculate current assets for Wicked Wicker Company: Account Title Cash Accounts receivable Prepaid insurance Equipment Accumulated...
-
What is the reason that Bluetooth is normally called a wireless personal area network (WPAN) instead of a wireless local area network (WLAN)?
-
Data for the investment centers for Kowloon Ltd. are given in BE25.9. The centers expect the following changes in the next year: (I) increase sales 15%, (II) decrease costs HK$400,000, and (III)...
-
Presented below is information related to the Southern Division of Porto Alegro SA. Contribution margin ........................................R$1,200,000 Controllable...
-
Translate into first-order logic the sentence Everyones DNA is unique and is derived from their parents DNA. You must specify the precise intended meaning of your vocabulary terms.
-
Describe the relationship between variations in solar output and Earth's climate. How does a change in the solar constant affect global average surface temperature?
-
Directions: After reading Juliet's Soliloquy Act 4.3, answer the following questions. 1. First, summarize Friar Lawrence's exact plan for Juliet. (5-7 sentences) 2. List four or five of Juliet's...
-
Your uncle lends you $8,800 less $440 (interest at 5 percent), and you receive $8,360. Use the APR formula to find the true annual percentage rate. Assume you repay the entire loan in one year. Note:...
-
Have you come across any specific challenges or barriers that organizations face when implementing intermodal freight in their supply chain planning?
-
Billy Joe made the following payments to state and local governments during the year: State income taxes withheld from wages totaled $3,500 The remaining balance on last year's state income taxes of...
-
Some individuals, for whatever reason, do not pay income tax or pay less than they should. Often their business transactions are cash transactions, so there is no paper trail to prove how much or how...
-
9.Consider the reaction 3NO2(g)+H2O=2HNO3(aq)+NO(g) where Delta H=-137 kJ.How many kilojoules are released when 92.3g of NO2 reacts?
-
Jim Benes is confused about how accounting information flows through the accounting system. He believes the flow of information is as follows. (a) Debits and credits posted to the ledger. (b)...
-
Jim Benes is confused about how accounting information flows through the accounting system. He believes the flow of information is as follows. (a) Debits and credits posted to the ledger. (b)...
-
Two students are discussing the use of a trial balance. They wonder whether the following errors, each considered separately, would prevent the trial balance from balancing. (a) The bookkeeper...
-
3. Consider the Allen and Gale model of contagion, where the storage asset allows the costless transfer of one unit from one time period to another and the illiquid asset pays out R = 2 in period 2...
-
A settlement is a transaction that is an irrevocable action, relieves the employer (or the plan) of primary responsibility for a pension or postretirement benefit obligation, and eliminates...
-
Explain how you may apply economic concepts when managing a business/enterprise by answering the questions What are the demand drivers of the product of interest? What are the supply drivers?...
Study smarter with the SolutionInn App