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Presented below is information related to the Southern Division of Lumber, Inc. Contribution margin Controllable margin Average operating assets Minimum rate of return Return on
Presented below is information related to the Southern Division of Lumber, Inc. Contribution margin Controllable margin Average operating assets Minimum rate of return Return on investment Residual income LA $1,220,600 Compute the Southern Division's return on investment and residual income. $ $926,900 $4,030,000 20 % 23 do %
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