This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Carriage Incorporated manufactures horse carriages. The company has two divisions, Wheels and ... (Read 56 times)

hbsimmons88

  • Hero Member
  • *****
  • Posts: 526
on: Mar 6, 2021
Carriage Incorporated manufactures horse carriages. The company has two divisions, Wheels and Assembly. Because of different accounting methods and inflation rates, the company is considering multiple evaluation measures. The following information is provided for 2018:

ASSETSINCOME
​Book ValueCurrent valueBook valueCurrent value
Wheels$510,000$570,000$120,000$155,000
Assembly$760,000$1,200,000$165,000$172,000
The company is currently using a 14% required rate of return.

What are Wheels's and Assembly's return on investment based on current values, respectively?
◦ 14%; 27%
◦ 24%; 22%
◦ 22%; 24%
◦ 27%; 14%
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by hbsimmons88 on Mar 6, 2021

Sarahjh

  • Sr. Member
  • ****
  • Posts: 370
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly


hbsimmons88

  • Member
  • Posts: 526
Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Bhimbetka rock painting showing man riding on horse, India Bhimbetka rock painting showing man riding on horse, India
Feral horse in the Pentland Hills, Scotland Feral horse in the Pentland Hills, Scotland
An assortment of brushes and other tools are used to groom a horse An assortment of brushes and other tools are used to groom a horse
Horse nettle Horse nettle
General Andrew Jackson, on the horse, exhorts his men to throw back the advancing British; they succ General Andrew Jackson, on the horse, exhorts his men to throw back the advancing British; they succ
Programs such as Meals on Wheels provide hot meals to elderly adults who cannot leave their homes Programs such as Meals on Wheels provide hot meals to elderly adults who cannot leave their homes
Video: Stroke volume - contractility definition

For a complete list of videos, visit our video library