Dynamic Corporation Provides the Following Financial Information Calculate the Residual Income of Dynamic Corporation

question 138

Multiple Choice

Dynamic Corporation provides the following financial information: $$\begin{array} { | l | r | } \hline \text { Minimum acceptable operating income } & \$ 556,600 \\\hline \text { Average total assets } & \$ 2,600,000 \\\hline \text { Operating income } & \$ 712,000 \\\hline \text { Return on investment } & 27 \% \\\hline \text { Net sales } & \$ 900,000 \\\hline\end{array}$$ Calculate the residual income of Dynamic Corporation.

• A) $2,043,400
• B) $343,400
• C) $155,400
• D) $4,255,569

---

Definitions:

Middle Frontal Gyrus

This part of the brain is involved in various functions, including attention, memory, and controlling movement.

Openness

A trait that reflects a person's willingness to consider new ideas and experiences.

Cortisol

A steroid hormone produced by the adrenal gland, often released in response to stress.

Frontal Lobes

The part of the brain located at the front of each cerebral hemisphere, responsible for higher cognitive functions, decision-making, and control of voluntary muscles.