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Exercise 22-21 Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missing information for the lettered items. (Round minimum rate
Exercise 22-21 Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missing information for the lettered items. (Round minimum rate of return and ROI to 1 decimal place, e.g. 10.5% and round average operating assets to O decimal places e.g. 58,971.) Lager $499,800 201,000 Lite Lager $301,000 Contribution margin Controllable margin Average operating assets s Minimum rate of return Return on investment Residual income (a) $1,200,300 % (b) 12 % 23 % % (d) $100,600 $204,000 LINK TO TEXT
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