Question
Greenlink, Inc. produces environment-friendly construction material. The following Information is available about the status and operations of the Manufacturing Division of Greenlink, which has a
Greenlink, Inc. produces environment-friendly construction material. The following Information is available about the status and operations of the Manufacturing Division of Greenlink, which has a hurdle rate (minimum required rate of return) of 5% Divisional identifiable average assets Divisional income from operations Divisional sales revenue $ 412,548 $ 18,848 $ 369,719 a. Compute the ROI for the Manufacturing Division. (Round your answer to 1 decimal place.) Return on Investment. % b. Break the Manufacturing Division ROI down using the DuPont formula. (Round your answers to 2 decimal places.) Manufacturing Division ROI Profit Margin Investment Turnover c. Compute the residual Income for the Manufacturing Division (Negative amounts should be indicated by a minus sign. Round your answer to the nearest dollar amount.) Residual Income
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