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Author Question: A company which favors the residual income approach to financial performance evaluation wants ... (Read 79 times)

Yolanda

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on: Mar 6, 2021

Question 1

A company has operating income of $300,000, revenues of $1,500,000, total assets of $2,000,000 and an ROI of 15%. To improve the ROI, to increase ROI to 20%, which of the following investment turnovers would need to be achieved?
◦ .75
◦ 1.5
◦ 1
◦ 2

Question 2

A company which favors the residual income approach to financial performance evaluation wants managers to ________.
◦ concentrate on maximizing an absolute amount of dollars of residual income as opposed to a percentage yield as is the case with ROI
◦ concentrate on maximizing a percentage return in excess of the cost of capital
◦ maximize the investment turnover ratio
◦ maximize return on sales
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by Yolanda on Mar 6, 2021

reversalruiz

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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.
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Yolanda

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

cpetit11

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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