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Augusta Corporation s Golf Division has sales of $ 2 0 3 , 0 0 0 , cost of goods sold of $ 1 1

Augusta Corporations Golf Division has sales of $203,000, cost of goods sold of $113,000, operating expenses of $38,000, average invested assets of $913,000, and a hurdle rate of 12.25 percent.
Calculate the Golf Divisions return on investment and its residual income.

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