Juniper design ltd. of manchester, england, is a company specializing in providing design services to residential developers. last year the company had net operating income of $460,000 on sales of $1,200,000. the company’s average operating assets for the year were $1,400,000 and its minimum required rate of return was 11%.

required:
compute the company’s residual income for the year.

average operating assets
net operating income
minimum required return
residual income

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f

Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented

Consider the labor market for computer programmers. during the late 1990s, the value of the marginal product of all computer programmers increased dramatically. holding all else equal, what effect did this process have on the labor market for computer programmers? the equilibrium wagea. increased, and the equilibrium quantity of labor decreased. b. decreased, and the equilibrium quantity of labor increased. c. increased, and the equilibrium quantity of labor increased. d. decreased, and the equilibrium quantity of labor decreased.