Answer the Following Questions Using the Information Below:
the Bandage

question 140

Multiple Choice

Answer the following questions using the information below:
The Bandage Medical Supply Company has two divisions that operate independently of one another.The financial data for the year 2017 reported the following results:
$$\begin{array} { l r r } & \text { North } & \text { South } \\\text { Sales } & \$ 3000000 & \$ 2500000 \\\text { Operating profit } & 750000 & 550000 \\\text { Taxable income } & 650000 & 375000 \\\text { Investment } & 6000000 & 5000000\end{array}$$ The company's desired rate of return is 10%.Profit is defined as operating profit.
-Which division has the best return on investment and which division has the best residual income figure,respectively?

• A)North,North
• B)South,South
• C)South,North
• D)North,South

Understand the similarities and differences between traditional Chinese medicine and Ayurvedic medicine.

Identify practices that regulate the nervous system, flush waste, and promote immune function.

Differentiate between types of vegetarian diets and their restrictions.

Comprehend the common alternative treatments and their benefits in the United States.

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Definitions:

Subsidiary

A company that is completely or partially owned and controlled by another company, known as the parent company.

Fair Value

The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Parent-Company Extension Method

An accounting approach used in consolidation, where the parent company's financial statements extend to include the subsidiary's transactions and balances.

Goodwill

Goodwill is an intangible asset that arises when a company acquires another business for more than the fair value of its net identifiable assets.