SlideShare a Scribd company logo
1 of 1
Download to read offline
RI
Ribocon Corp. has established a 12 percent target ROI for its Lynchfield Division. The
following data have been gathered for the divisions operations for the year: average total assets,
$14,200,000; revenues, $28,000,000; and expenses, $26,500,000.
a. What is the divisions residual income? $Answer
b. Did the division successfully meet the target ROI? AnswerYesNo

More Related Content

More from sales84

Relacione los siguientes t�rminos con la afirmaci�n correspondiente .pdf
Relacione los siguientes t�rminos con la afirmaci�n correspondiente .pdfRelacione los siguientes t�rminos con la afirmaci�n correspondiente .pdf
Relacione los siguientes t�rminos con la afirmaci�n correspondiente .pdf
sales84
 
Question Based on the description in the case above, give your .pdf
Question Based on the description in the case above, give your .pdfQuestion Based on the description in the case above, give your .pdf
Question Based on the description in the case above, give your .pdf
sales84
 
Read the case study The Economics of Immigration A Story of Subst.pdf
Read the case study The Economics of Immigration A Story of Subst.pdfRead the case study The Economics of Immigration A Story of Subst.pdf
Read the case study The Economics of Immigration A Story of Subst.pdf
sales84
 
QuestionBased on the description in the case above, give your rec.pdf
QuestionBased on the description in the case above, give your rec.pdfQuestionBased on the description in the case above, give your rec.pdf
QuestionBased on the description in the case above, give your rec.pdf
sales84
 
Question 3 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdf
Question 3 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdfQuestion 3 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdf
Question 3 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdf
sales84
 
Question 2 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdf
Question 2 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdfQuestion 2 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdf
Question 2 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdf
sales84
 

More from sales84 (20)

Relacione los siguientes t�rminos con la afirmaci�n correspondiente .pdf
Relacione los siguientes t�rminos con la afirmaci�n correspondiente .pdfRelacione los siguientes t�rminos con la afirmaci�n correspondiente .pdf
Relacione los siguientes t�rminos con la afirmaci�n correspondiente .pdf
 
Relaciona el tipo de l�mite de placa con sus caracter�sticas corresp.pdf
Relaciona el tipo de l�mite de placa con sus caracter�sticas corresp.pdfRelaciona el tipo de l�mite de placa con sus caracter�sticas corresp.pdf
Relaciona el tipo de l�mite de placa con sus caracter�sticas corresp.pdf
 
Relaciona la descripci�n con su estructura correspondiente.Estruct.pdf
Relaciona la descripci�n con su estructura correspondiente.Estruct.pdfRelaciona la descripci�n con su estructura correspondiente.Estruct.pdf
Relaciona la descripci�n con su estructura correspondiente.Estruct.pdf
 
Report on Risk Management PlanQ Risk Management Plan A cover shee.pdf
Report on Risk Management PlanQ Risk Management Plan A cover shee.pdfReport on Risk Management PlanQ Risk Management Plan A cover shee.pdf
Report on Risk Management PlanQ Risk Management Plan A cover shee.pdf
 
Regina had been working in the same nursing position for 8 years. Du.pdf
Regina had been working in the same nursing position for 8 years. Du.pdfRegina had been working in the same nursing position for 8 years. Du.pdf
Regina had been working in the same nursing position for 8 years. Du.pdf
 
Refer to the accompanying data. All figures are in billions of d.pdf
Refer to the accompanying data. All figures are in billions of d.pdfRefer to the accompanying data. All figures are in billions of d.pdf
Refer to the accompanying data. All figures are in billions of d.pdf
 
Recientemente se le pidi� a Marcus que realizara un an�lisis de fact.pdf
Recientemente se le pidi� a Marcus que realizara un an�lisis de fact.pdfRecientemente se le pidi� a Marcus que realizara un an�lisis de fact.pdf
Recientemente se le pidi� a Marcus que realizara un an�lisis de fact.pdf
 
Recently, the movie The Class was shown at the New York Film Festiva.pdf
Recently, the movie The Class was shown at the New York Film Festiva.pdfRecently, the movie The Class was shown at the New York Film Festiva.pdf
Recently, the movie The Class was shown at the New York Film Festiva.pdf
 
Question Based on the description in the case above, give your .pdf
Question Based on the description in the case above, give your .pdfQuestion Based on the description in the case above, give your .pdf
Question Based on the description in the case above, give your .pdf
 
Recall that your trip to Mars is accomplished by using an elliptic t.pdf
Recall that your trip to Mars is accomplished by using an elliptic t.pdfRecall that your trip to Mars is accomplished by using an elliptic t.pdf
Recall that your trip to Mars is accomplished by using an elliptic t.pdf
 
Read the case study The Economics of Immigration A Story of Subst.pdf
Read the case study The Economics of Immigration A Story of Subst.pdfRead the case study The Economics of Immigration A Story of Subst.pdf
Read the case study The Economics of Immigration A Story of Subst.pdf
 
quiero las respuestas sin explicacion En los Estados Unidos, la .pdf
quiero las respuestas sin explicacion En los Estados Unidos, la .pdfquiero las respuestas sin explicacion En los Estados Unidos, la .pdf
quiero las respuestas sin explicacion En los Estados Unidos, la .pdf
 
Question 2 . Karan and Sanjay work as Project Lead for two different.pdf
Question 2 . Karan and Sanjay work as Project Lead for two different.pdfQuestion 2 . Karan and Sanjay work as Project Lead for two different.pdf
Question 2 . Karan and Sanjay work as Project Lead for two different.pdf
 
QUESTION 31. Preliminary step1.1 Open httpsstormsngsnoaa.pdf
QUESTION 31. Preliminary step1.1 Open httpsstormsngsnoaa.pdfQUESTION 31. Preliminary step1.1 Open httpsstormsngsnoaa.pdf
QUESTION 31. Preliminary step1.1 Open httpsstormsngsnoaa.pdf
 
QuestionBased on the description in the case above, give your rec.pdf
QuestionBased on the description in the case above, give your rec.pdfQuestionBased on the description in the case above, give your rec.pdf
QuestionBased on the description in the case above, give your rec.pdf
 
Question 4 By relating it with the scenario in Malaysia ( or any oth.pdf
Question 4 By relating it with the scenario in Malaysia ( or any oth.pdfQuestion 4 By relating it with the scenario in Malaysia ( or any oth.pdf
Question 4 By relating it with the scenario in Malaysia ( or any oth.pdf
 
Question 3 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdf
Question 3 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdfQuestion 3 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdf
Question 3 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdf
 
Question 4[Note The information presented here applies to questio.pdf
Question 4[Note The information presented here applies to questio.pdfQuestion 4[Note The information presented here applies to questio.pdf
Question 4[Note The information presented here applies to questio.pdf
 
QUESTION 21. Preliminary step1.1 Open httpsstormsngsnoaago.pdf
QUESTION 21. Preliminary step1.1 Open httpsstormsngsnoaago.pdfQUESTION 21. Preliminary step1.1 Open httpsstormsngsnoaago.pdf
QUESTION 21. Preliminary step1.1 Open httpsstormsngsnoaago.pdf
 
Question 2 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdf
Question 2 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdfQuestion 2 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdf
Question 2 (30 Marks)The outbreak of COVID-19 pandemic has been oc.pdf
 

Recently uploaded

Recently uploaded (20)

Graduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - EnglishGraduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - English
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
 
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
 
21st_Century_Skills_Framework_Final_Presentation_2.pptx
21st_Century_Skills_Framework_Final_Presentation_2.pptx21st_Century_Skills_Framework_Final_Presentation_2.pptx
21st_Century_Skills_Framework_Final_Presentation_2.pptx
 
Wellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptxWellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptx
 
Economic Importance Of Fungi In Food Additives
Economic Importance Of Fungi In Food AdditivesEconomic Importance Of Fungi In Food Additives
Economic Importance Of Fungi In Food Additives
 
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
 
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
 
AIM of Education-Teachers Training-2024.ppt
AIM of Education-Teachers Training-2024.pptAIM of Education-Teachers Training-2024.ppt
AIM of Education-Teachers Training-2024.ppt
 
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxHMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docx
 
Simple, Complex, and Compound Sentences Exercises.pdf
Simple, Complex, and Compound Sentences Exercises.pdfSimple, Complex, and Compound Sentences Exercises.pdf
Simple, Complex, and Compound Sentences Exercises.pdf
 
Our Environment Class 10 Science Notes pdf
Our Environment Class 10 Science Notes pdfOur Environment Class 10 Science Notes pdf
Our Environment Class 10 Science Notes pdf
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)
 
dusjagr & nano talk on open tools for agriculture research and learning
dusjagr & nano talk on open tools for agriculture research and learningdusjagr & nano talk on open tools for agriculture research and learning
dusjagr & nano talk on open tools for agriculture research and learning
 
How to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxHow to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptx
 
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptxCOMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
 
Play hard learn harder: The Serious Business of Play
Play hard learn harder:  The Serious Business of PlayPlay hard learn harder:  The Serious Business of Play
Play hard learn harder: The Serious Business of Play
 
PANDITA RAMABAI- Indian political thought GENDER.pptx
PANDITA RAMABAI- Indian political thought GENDER.pptxPANDITA RAMABAI- Indian political thought GENDER.pptx
PANDITA RAMABAI- Indian political thought GENDER.pptx
 

RI Ribocon Corp. has established a 12 percent target ROI for its L.pdf

  • 1. RI Ribocon Corp. has established a 12 percent target ROI for its Lynchfield Division. The following data have been gathered for the divisions operations for the year: average total assets, $14,200,000; revenues, $28,000,000; and expenses, $26,500,000. a. What is the divisions residual income? $Answer b. Did the division successfully meet the target ROI? AnswerYesNo