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Pina Colada, Inc. reports the following financial information for its sports clothing segment. Average operating assets $ 2 , 9 4 8 , 0 0

Pina Colada, Inc. reports the following financial information for its sports clothing segment.
Average operating assets $2,948,000
Controllable margin $648,560
Minimum rate of return 7%
Compute the return on investment and the residual income for the segment.
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