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Company A is another one of Company Bs divisions. For fiscal year 2012, the division had assets of $966 million, operating income of $695 million,
- Company A is another one of Company Bs divisions. For fiscal year 2012, the division had assets of $966 million, operating income of $695 million, and sales revenue of $2,636 million.
1) Compute company As ROI, sales margin, and capital turnover.
2) Compute company As residual income, assuming the minimum acceptable rate of return is 25%.
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International Public Financial Management Essentials Of Public Sector Accounting
Authors: Gary Bandy
1st Edition
081535634X, 978-0815356349
