Residual Income Secrets

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How would you find the profit margin, net income, and residual income?

in this managerial accounting problem: http://i39.tinypic.com/21jd7xh.png

Net Income = Revenue – All Costs
Profit Margin = Net Income / Revenue
residual income = Net Income + Total Assets

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  • Thomas June 19th, 2009 at 10:45 pm

    Net Income = Revenue – All Costs
    Profit Margin = Net Income / Revenue
    Residual Income = Net Income + Total Assets
    References :

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