Huntswell Corporation has two major divisions: Agricultural Products and Industrial Products. It provides the following information for the year 2014. Agriculture Division Industrial Division Sales revenue $140,000 $1,040,000 Operating income $ 47 comma 000 $220,000 Average total assets $ 100 comma 000 $5,540,000 Target rate of return 14.0% 14.0% Calculate the residual income for the Agriculture division.

In risk management, what does risk control include? a. risk identification b. risk analysis c. risk prioritization d. risk management planning e. risk elimination need this answer now : (

Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. its ending equity is

Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false