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Check my work 29 Warren Company has two divisions with the following results: 10 points Sales revenue Divisional expenses Segment income Average invested assets Ashland
Check my work 29 Warren Company has two divisions with the following results: 10 points Sales revenue Divisional expenses Segment income Average invested assets Ashland Erie $ 460, Bee $1,300,eee $ $ 280,eee $ 850,eee $ 180,00 $360,000 $1,300,eee $4,188,888 eBook Warren Company has a hurdle rate of 13.0%. a. Calculate the return on investment for each division. (Round your answers to 2 decimal places.) Print Return on investment Ashland Peterences Erie 96 b. Break each division's return on investment down into its component parts using the DuPont method. (Round your profit margin to 2 decimal places and Investment turnover to 3 decimal places.) Profit margin Investment Turnover Ashland 96 Erie 96 c. Calculate the residual income for each division. (Negative amounts should be Indicated by a minus slgn.) . ( Residual Income Ashland Erie
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