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Presented below is information related to the Southern Division of Lumber, Inc Contribution margin $1,210,400 Controllable margin $1,003,850 Average operating assets $4,015,400 Minimum rate of
Presented below is information related to the Southern Division of Lumber, Inc Contribution margin $1,210,400 Controllable margin $1,003,850 Average operating assets $4,015,400 Minimum rate of return 18 % Compute the Southern Division's return on investment and residual income. % Return on investment Residual income LA
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