The Following Information Pertains to Singh Company Invested Capital Is Defined as Total Assets

question 104

Multiple Choice

The following information pertains to Singh Company:
$\begin{array}{ll}\text { Average total assets } & \$ 50,000 \\\text { Net operating profit after taxes } & \$ 15,000 \\\text { Total current liabilities } & \$ 30,000 \\\text { Total expenses } & \$ 60,000 \\\text { Total liabilities } & \$ 35,000 \\\text { Total revenues } & \$ 80,000\end{array}$
Invested capital is defined as total assets.The capital charge is 10%.What is the residual income?

• A) $1,600
• B) $10,000
• C) $15,000
• D) $20,000

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Definitions:

Conflict

A situation where parties with opposing interests, goals, or values encounter each other, leading to tension or disputes.

Productive

The state of being able to produce a significant amount or result, especially in terms of work or economy.

Conflict

A disagreement or clash between two or more parties due to differing opinions, interests, or values.

Organizations

Entities comprised of multiple individuals working together towards common goals or objectives, often structured to optimize efficiency and productivity.