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K Part 1 of 4 Points: 0 of 6 Save Zulas, a national manufacturer of lawn-mowing and snow-blowing equipment, segments its business according to customer
K Part 1 of 4 Points: 0 of 6 Save Zulas, a national manufacturer of lawn-mowing and snow-blowing equipment, segments its business according to customer type: professional and residential. The following divisional information was available for the past year: (Click the icon to view the information.) Calculate each division's RI. Interpret your results. + First, select the formula to calculate residual income (RI). Data table x Net Sales Revenue Operating Income Residential $ 540,000 $ Professional 1,050,000 64,990 $ 159,570 Management has a 24% target rate of return for each division. Etext pages Get more help Print Done - X RI Average Total Assets t PR 194,000 394,000 Clear all Check
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