Dacker products is a division of a major corporation. the following data are for the most recent year of operations: sales $ 36,480,000 net operating income $ 2,808,960 average operating assets $ 8,000,000 the company's minimum required rate of return 16 % the division's residual income is closest to: multiple choice
a. $2,808,960
b. $4,088,960
c. $(3,027,840)
d. $1,528,960

The winston company estimates that the factory overhead for the following year will be $1,250,000. the company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 50,000 hours. the total machine hours for the year were 54,300. the actual factory overhead for the year were $1,375,000. determine the over- or underapplied amount for the year.

Which of these is an example of innovation?

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.