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Author Question: Carriage Incorporated manufactures horse carriages. The company has two divisions, Wheels and ... (Read 192 times)

karen

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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$485,000$600,000$140,000$140,000
Assembly$780,000$1,200,000$165,000$195,000
The company is currently using a 12% required rate of return.


What are Wheels's and Assembly's residual incomes based on book values, respectively?
◦ $71,400; $81,800
◦ $81,800; $71,400
◦ $68,000; $51,000
◦ $51,000; $68,000
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by karen on Mar 6, 2021

irishcancer18

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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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karen

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

patma1981

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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