Answers

VY

Answered

Marketing activities best create value by:

A) focusing exclusively on selling and advertising.
B) using unsystematic approaches to satisfying consumers.
C) manipulating consumers to get them to buy products they do not want.
D) allowing individuals and organizations to obtain what they need and want.
E) working independently of other functional areas of business-such as operations.

On Jul 01, 2024


D
VY

Answered

Brodrick Corporation uses residual income to evaluate the performance of its divisions.The minimum required rate of return for performance evaluation purposes is 19%.The Games Division had average operating assets of $140,000 and net operating income of $25,900 in August.
Required:
What was the Games Division's residual income in August?

On Jun 30, 2024