Question
Presented here is information related to the Southern Division of Flounder, Inc. Contribution margin $1,223,300 Controllable margin $1,018,750 Average operating assets $4,075,000 Minimum rate
Presented here is information related to the Southern Division of Flounder, Inc. Contribution margin $1,223,300 Controllable margin $1,018,750 Average operating assets $4,075,000 Minimum rate of return 20 % Compute the Southern Division's return on investment and residual income. Return on investment Residual income +A $ %
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