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Presented below is selected information for three regional divisions of Medina Company. Divisions North West South Contribution margin $299,800 $499,100 $400,100 Controllable margin $139,500 $360,000
Presented below is selected information for three regional divisions of Medina Company.
| Divisions | |||||||||
| North | West | South | |||||||
| Contribution margin | $299,800 | $499,100 | $400,100 | ||||||
| Controllable margin | $139,500 | $360,000 | $210,000 | ||||||
| Average operating assets | $930,000 | $1,440,000 | $1,400,000 | ||||||
| Minimum rate of return | 11 | % | 14 | % | 10 | % | |||
(a)
Compute the return on investment for each division.
| North Division | % | ||
| West Division | % | ||
| South Division | % |
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Audit And Assurance Principles And Practices In Singapore
Authors: Dr Ernest Kan
5th Edition
9814838136, 978-9814838139
