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please answer both The condensed income statement for the Consumer Products Division of Hydra Industries Inc: is as follows (aspuming no wipport department allocations): The
please answer both
The condensed income statement for the Consumer Products Division of Hydra Industries Inc: is as follows (aspuming no wipport department allocations): The manager of the Consumer Products Division is considering ways to increase the retum an invectment: a. Using the Dupont formula for return on investment, determine the profit margin, investment turnoves, and retirm on investment st ther turnover to one decimal place. return on investment for the Consumer Products Divisign? Round the investment turnover to one decimal place Residual income The operating income and the amount of invested assets in each division of Stewart Industries are as faliows: Assume that management has established a 8% minimum acceptable retum for invested assets. a. Determine the residual income for each division. b. Which division has the most residual income Step by Step Solution
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