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Presented below is information related to the Southern Division of Lumber Ltd. Contribution margin $1,228,300 Controllable margin $1,016,650 Average operating assets $4,066,600 Minimum rate of

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Presented below is information related to the Southern Division of Lumber Ltd. Contribution margin $1,228,300 Controllable margin $1,016,650 Average operating assets $4,066,600 Minimum rate of return 20 % Calculate the Southern Division's return on investment and residual income. Return on investment % Residual income $

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