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Augusta Corporation s Golf Division has sales of $ 1 9 6 , 0 0 0 , cost of goods sold of $ 1 0
Augusta Corporations Golf Division has sales of $ cost of goods sold of $ operating expenses of $ average invested assets of $ and a hurdle rate of percent.
Calculate the Golf Divisions return on investment and its residual income.
Note: Enter loss amount with a minus sign. Enter your ROI answer as a percentage rounded to two decimal places, ie should be entered as Round your Residual Income Loss answer to the nearest whole dollar.
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