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Presented below is information related to the Southern Division of Lumber Ltd. Contribution margin $1,225,400 Controllable margin $901,846 Average operating assets $4,099,300 Minimum rate of
Presented below is information related to the Southern Division of Lumber Ltd. Contribution margin $1,225,400 Controllable margin $901,846 Average operating assets $4,099,300 Minimum rate of return 16 % Calculate the Southern Division's return on investment and residual income. Return on investment % Residual income
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