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A tile manufacturer has 5 segments, 2 of which are Tile stores, Consumer sales through other stores. There is a 21% target rate of return
A tile manufacturer has 5 segments, 2 of which are Tile stores, Consumer sales through other stores. There is a 21% target rate of return a) Calculate divisional ROI b) Calculate divisional sales margin c) Calculate divisional turnover d) Calculate divisional Residual income e) How does management figure minimum target rate of return? f) Why would you use residual income rather than ROI to measure performance
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