Author Question: Carriage Incorporated manufactures horse carriages. The company has two divisions, Wheels and ... (Read 78 times)

Coya19@aol.com · **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:

ASSETS

INCOME

	Book Value	Current value	Book value	Current value
Wheels	$485,000	$550,000	$130,000	$150,000
Assembly	$800,000	$1,600,000	$170,000	$195,000

The company is currently using a 12% required rate of return.

What are Wheels's and Assembly's return on investment based on book values, respectively?
◦ 27%; 12%
◦ 27%; 21%
◦ 12%; 27%
◦ 21%; 27%

juicepod · **Reply #1 on:** Mar 6, 2021

A FREE account is required to view all solutions!

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