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Presented below is information related to the Southern Division of Lumber Ltd. Contribution margin $1,235,800 Controllable margin $844,977 Average operating assets $4,023,700 Minimum rate of
Presented below is information related to the Southern Division of Lumber Ltd.
| Contribution margin | $1,235,800 | ||
| Controllable margin | $844,977 | ||
| Average operating assets | $4,023,700 | ||
| Minimum rate of return | 20 | % |
Calculate the Southern Divisions return on investment and residual income.
| Return on investment | enter percentages | % | |
|---|---|---|---|
| Residual income | $enter a dollar amount |
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Authors: Author
2nd Edition
1264152000, 9781264152001
