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Mixie Company has the following data for last year: Sales Contribution margin Operating income Average operating assets Actual Cost of capital 1. What is
Mixie Company has the following data for last year: Sales Contribution margin Operating income Average operating assets Actual Cost of capital 1. What is Division A's margin? 2. What is Division A's turnover? Mixie Company has a minimum acceptable rate of return equal to 18%. Round answers two decimal places. 3. What is Division A's ROI? Division A $360,000 $120,000 4. What is Division A's residual income? $70,000 $240,000 15% Division B $300,000 $125,000 $30,000 $200,000 15%
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