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Presented below is selected information for two divisions of Juliana Company: Eastern Western Sales $690,000 $805,500 Controllable margin 81,000 85,400 Average operating assets 135,000 213,500
Presented below is selected information for two divisions of Juliana Company: Eastern Western Sales $690,000 $805,500 Controllable margin 81,000 85,400 Average operating assets 135,000 213,500 Calculate the return on investment for each division. (Round answers to 2 decimal places, e.g. 15.25%.)What is the Return on investment Eastern division % Western division % What is the residual income for each division if the required rate of return is 15%? Residual Income Eastern division $ Western division $
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