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I need help with this question. Thank you Return on Investment, Residual Income for a Service Company H&R Block Inc. provides tax preparation services throughout
I need help with this question. Thank you Return on Investment, Residual Income for a Service Company H\&R Block Inc. provides tax preparation services throughout the United States and other parts of the world. These services are provided through two segments: company-owned offices and franchised operations. Recent financial information provided by HBR Block for its company-owned and franchised operations is as follows (in millions): a. Use the Dupont formula to determine the return on investment for each business divisions. Round whole percents to one decimal place and investment turnover to two decimal piaces. b. Determine the residual income for each division, assuming a minimum acceptable income of 15% of total assets, Round minimal acceptable return to the nearest militon dollars
I need help with this question. Thank you
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