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Augusta Corporation's Golf Division has sales of $ 1 9 2 , 0 0 0 , cost of goods sold of $ 1 0 2
Augusta Corporation's Golf Division has sales of $ cost of goods sold of $ operating expenses $ average
invested assets of $ and a hurdle rate of percent.
Calculate the Golf Division's 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.
Return on Investment ROI
Residual Income Loss
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