Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the following information is available for vaughn

The following information is available for Vaughn Auto Sales: Average operating assets $757000 Controllable margin...

70.2K

Verified Solution

Question

Accounting

image
The following information is available for Vaughn Auto Sales: Average operating assets $757000 Controllable margin 90000 Contribution margin 192000 Minimum rate of return 10% How much is Vaughn Auto's residual income? O $652700 O $102000 O $118600 O $14300

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Briefly explain the differences in how information within the olfactory system and gustatory system are organized.

Medical Sciences
Q

Consider the following equilibrium. CS2(g) + 3 O2(g) equilibrium reaction arrow CO2(g) + 2 SO2(g) If the...

Chemistry
Q

1) Corporations are required to pay dividends. a) True b) False 2) A bond is an asset of...

Economics
Q

shown A ray of light makes normal incidence on the diagonal face of a right...

Physics
Q

a recreation area are filling a small pond with water They are adding water at...

Basic Math
Q

Determine lim x e x x0 O 1 01 O o O O

Calculus
Q

Evaluate the following limit lim x 1 e4x 1 X 0 O O O lim...

Calculus
Q

PROBLEM #7 Assume that a certain semi-variable expense has an annual fixed portion of $58,000...

Accounting
Q

es Chapman Company obtains 100 percent of Abernethy Company's stock on January 1, 2020....

Accounting
Q

Exercise 5-9 (Algorithmic) (LO. 8) On April 5, 2020, Kinsey places in service a new...

Accounting
Q

PLEASE PLEASE ANSWER WITHIN THE NEXT TWO HOURS ITS DUE TONIGHT IM BEGGING SOMEONE PLS...

Accounting
Q

On January 1, 2020, ABC (lessee) leased 100 golf carts from the manufacturer, XYZ (lessor)...

Accounting