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Current Attempt in Progress Pharoah, Inc. reports the following financial information for its sports clothing segment. Average operating assets Controllable margin Minimum rate of return

Current Attempt in Progress Pharoah, Inc. reports the following financial information for its sports clothing segment. Average operating assets Controllable margin Minimum rate of return Return on investment Compute the return on investment and the residual income. Residual income $2,942,000 $676,660 $ 7% %
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Pharoah, Inc. reports the following firiancial information for its sports clothing, segment. Compute the return on investment and the residual income. Return on investrisent \% Residual income

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