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A manager has control of a division with 10 million in assets and no debt. The divisons profit is $500,000 for the year. The cost

A manager has control of a division with 10 million in assets and no debt. The divisons profit is $500,000 for the year. The cost of capital is 8 percent.

What is the ROI of the division? What is the residual income of the division? How is the division performing?

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