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Northern Pride Inc., a diversified company, operates four departments. The company has collected the following departmental information for 2020: Department Sales $ 208,000 93,600 1,560,000
Northern Pride Inc., a diversified company, operates four departments. The company has collected the following departmental information for 2020: Department Sales $ 208,000 93,600 1,560,000 Cost of Goods Sold Operating Expenses Current Investment $ 156,000 $ 13,780 $ 182,000 36,400 24,440 218,400 1,219,920 191,360 1,144,000 780,000 287,040 1,456,000 Your answer is correct. Calculate return on investment and rank department performances. (Round answers to O decimal places, e.g. 10%.) Department ROI Rank 21 % % | 1v 3v 4r 16 % | 2v 2 V - Your answer is incorrect. Calculate residual income and rank department performances. Assume that the company requires a minimum return on the current investment of 10%. RI Rank 178178 1 2 $ $ 1432904 e Textbook and Media Assistance Used
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