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Accounting Quiz Essay

617 words - 3 pages

| Financial data for Beaker Company for last year appear below: |
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What was the company's residual income last year? |
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|2. Ferro Wares is a division of a major corporation. The following data are for the latest year of operations: |
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|Required: |
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|i. What is the division's return on investment (ROI)? |
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|ii. What is the division's residual income? (Points : 15) |
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|3. Tjelmeland Corporation is considering dropping product S85U. Data from the company's accounting system appear below: |
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