Question : 91.The Produce Division of Nature Greenhasinvested capital of $940,000 and : 1302901

 

 

91.The Produce Division of Nature Greenhasinvested capital of $940,000 and noninterest-bearing current liabilities totaling $20,000.If the minimum required return is 11 percent, cost of capital is 9 percent, and residual income is$12,000, how much isNOPAT?

A.$113,200

B.$115,400

C.$94,800

D.$96,600

 

92.Consider the following information for the Executive Division of Buy Electronics:

 

December 31

20142013

Total assets$11,800,000$11,000,000

Noninterest-bearing current liabilities500,000520,000

Net income700,000800,000

Interest expense210,000300,000

Income tax rate35%35%

Cost of capital7%8%

Required rate of return9%11%

 

How much is residual income for 2014?

A.$45,500

B.($180,500)

C.$119,000

D.($227,500)

93.The following income statements for the year ending December 31 and other information are available for the Langston Division of Act Company:

 

For the Year Ending December 31

20142013

Sales$250,000,000$220,000,000

Cost of goods sold105,000,00096,000,000

Gross margin145,000,000124,000,000

Selling and administrative costs25,000,00022,500,000

Research and development15,600,00012,400,000

Income from operations104,400,00089,100,000

Less taxes on income31,320,00026,730,000

Net income$ 73,080,000$ 62,370,000

 

Total assets$650,000,000$605,000,000

Noninterest-bearing current liabilities$15,000,000$12,300,000

Required rate of return12%12%

Cost of capital10%10%

 

Interest expense is $0 and the tax rate is 30 percent. Langston Divisionamortizes intangible costs over 4 years. By how much is invested capital adjusted as it relates to computing EVAfor 2014?

A.$17,900,000

B.$11,700,000

C.$6,020,000

D.$8,600,000

 

94.The following income statements for the year ending December 31 and other information are available for the Langston Division of Act Company:

 

For the Year Ending December 31

20142013

Sales$250,000,000$220,000,000

Cost of goods sold105,000,000  96,000,000

Gross margin145,000,000124,000,000

Selling and administrative costs25,000,00022,500,000

Research and development 15,600,000  12,400,000

Income from operations104,400,00089,100,000

Less taxes on income  31,320,000  26,730,000

Net income$ 73,080,000$ 62,370,000

 

Total assets$650,000,000$605,000,000

Noninterest-bearing current liabilities$15,000,000$12,300,000

Required rate of return12%12%

Cost of capital10%10%

 

Interest expense is $0 and the tax rate is 30 percent. Langston Division amortizes intangible costs over 4 years. By how much is NOPAT adjusted as it relates to computing EVA for 2014?

A.$8,190,000

B.$11,700,000

C.$8,600,000

D.$6,020,000

 

95.Pegasus Recycling has a subsidiary that recycles yard waste and another that recycles paper. Information related to the two subsidiaries follows.

 

 

Yard RecyclingPaper Recycling

Total assets$8,000,000$15,000,000

Noninterest-bearing current liabilities 500,0001,000,000

Net income1,500,0002,600,000

Interest expense600,000800,000

Required rate of return8%11%

Cost of capital7%9%

Tax rate30%32%

 

How much is the return on investment for the Paper Recycling Division?

A.19.65%

B.20.40%

C.22.46%

D.14.69%

 

96.Pegasus Recycling has a subsidiary that recycles yard waste and another that recycles paper. Information related to the two subsidiaries follows.

 

 

Yard RecyclingPaper Recycling

Total assets$8,000,000$15,000,000

Noninterest-bearing current liabilities 500,0001,000,000

Net income1,500,0002,600,000

Interest expense600,000800,000

Required rate of return8%11%

Cost of capital7%9%

Income tax rate30%32%

 

Which subsidiary has added the most to shareholder value in the last year?

A.Yard recycling, because it has a higher return on investment

B.Paper recycling, because it has a higher residual income

C.Both contributed equally in different ways

D.More information is needed to determine the answer

 

97.Pegasus Recycling has a subsidiary that recycles yard waste and another that recycles paper. Information related to the two subsidiaries follows.

 

 

Yard RecyclingPaper Recycling

Total assets$8,000,000$15,000,000

Noninterest-bearing current liabilities 500,0001,000,000

Net income1,500,0002,600,000

Interest expense600,000800,000

Required rate of return8%11%

Cost of capital7%9%

Tax rate30%32%

 

Based on the limited information, which subsidiary is the best candidate for expansion?

A.Yard recycling, because it has a higher return on investment

B.Paper recycling, because it has a higher residual income

C.Both contributed equally in different ways

D.More information is needed to determine the answer

98.Which dimension of a balanced scorecardis ameasure of the increase in employee training?

A.Learning and growth dimension

B.Internal processes dimension

C.The customer dimension

D.The financial dimension

 

99.In which dimension of a balanced scorecard is themeasure of the number of new patents developed through research and development?

A.Learning and growth dimension

B.Internal processes dimension

C.The customer dimension

D.The financial dimension

 

100.Which of the following is notone of the set of dimensions considered in the balanced scorecard?

A.Customer

B.Internal processes

C.Competition

D.Learning and growth

 

 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more