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Presented below is selected information for three regional divisions of Medina Company. Divisions North West South Contribution margin $300,700 $499,800 $400,600 Controllable margin $139,500 $359,600

Presented below is selected information for three regional divisions of Medina Company.

Divisions

North

West

South

Contribution margin $300,700 $499,800 $400,600
Controllable margin $139,500 $359,600 $210,800
Average operating assets $996,429 $1,892,632 $1,505,714
Minimum rate of return 11 % 15 % 8 %

image text in transcribed

Compute the return on investment for each division. (Round ROI to 0 decimal places, e.g. 15.) North Division West Division South Divisiorn 14 | % 191% 14 | % 0 SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 1 of 3 used (b) Compute the residual income for each division. (Round final answers to 0 decimal places, e.g. 1,255.) North Division West Division South Division

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