Book Divisional Income Statements and Return on investment Analysis E.F. Lynch Company is a diversified investment company with three operating din organized as investimentation Condensed data taken from the records of the three division for the year ended June 30, 2018, e as follows Electronk Investment Mutual Fund Brokerage Banking Division Division Division Fee revenue $9.290.000 $2,360.000 $2,310,000 Operating expenses 1,201,600 993.800 1.745,000 Tevested as 3.400.000 5.900.000 4,700,000 The management of Lynch Company ating each vision as a basis for planning for of operation Required: 2. Prepare contenues divisional income statements for the thee morming that there were to support department allocations E.F. Lync Company Divisional Income Statements For the Year Ended June 10, 2013 Mutual Electronic Investment Fund Brokerage Banking Division Division Division Fet revue 120.000 230.000 2.318.000 Opening expenses 1331.600 3.000 46.000 Operating income 1.00 1.56 5.000 LEGO Drating en L. Loung Operating income WOW 1. For each diversoeningen om feereen 2. On the Pont for returnement come the profiteronment that and to investment for each division Sound your answers to one decimal place Division Profit Hargin Investment The HOE Mutual Fund Die Electron brokerage Division Investment Banking Di 1. When faced with sted funds for expansion, management should considerano Accounting field Division POLE