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Moving to another question will save this response. Question 10 Fahad Wares is a division of a major corporation. The following data are for the

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Moving to another question will save this response. Question 10 Fahad Wares is a division of a major corporation. The following data are for the latest year of operations. Sales Net operating income 524,480,00 51,738,080 Average operating assets The company's minimum required rate of return $6,000,000 16% Required: a. What is the division's return on investment (ROI)? (1 Mark) b. What is the division's residual income? (1 1/2 Marks) c. Explain THREE limitations of Return on Investment (RON as a measure of performance (1122 Marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI V S Paragraph Arial V 14px 13 A 2

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