Holo company reported the following financial numbers for one of its divisions for the year; average total assets of $5,860,000; sales of $5,435,000; cost of goods sold of $3,255,000; and operating expenses of $1,153,000. assume a target income of 15% of average invested assets. compute residual income for the division:

$148,000

Explanation:

The calculation of the residual income is presented below:

= Net income - minimum return

where,  

Net income equal to

= Sales - cost of goods sold - operating expenses

= $5,435,000 - $3,255,000 - $1,153,000

= $1,027,000

And, the target income equal to

= Average total assets × rate given

= $5,860,000 × 15%

= $879,000

So, the residual income would be

= $1,027,000 - $879,000

= $148,000

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answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.