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Problem 19-41 (Algo) Return on Investment; Residual Income [LO 19-1, 19-2] Consolidated industries is a diversfifed manufacturer with business units organized as divisions, including the

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Problem 19-41 (Algo) Return on Investment; Residual Income [LO 19-1, 19-2] Consolidated industries is a diversfifed manufacturer with business units organized as divisions, including the Reigis Steel Division Consolidated moritors its divisions on the basis of both unit contribution and refurn on investment RROQ, with investment defined as average operating assets employed. All investrnents in operating assets are expected to earn a mirimum retuin of 12%, before income taxes. Reigis's cost of goods sold is considered to be entirely variable, however, is administrative expenses do not depend on volume. Selling expenses ate a mixed cost with ane-third attributed to sales volume. The 2022 operating statement for Reigis follows. The division's operating assets employed were $298,500,000 at Novenber 30,2022 , unchanged from the year before Required: 1. Calculate Reigis Steel Owision's unit contribution if it produced and soid 2.800 .000 units during the year ended Nowember 30,2022 (Round your onswer to 2 decimal places) 2 Calculate the following performance measures for 2022 for Reigirs. a. Pretax ROI, based on averoge operaing assets employed. (Round your answer to 2 decimal ploces) b. Residual income (Ri), calculated on the basis of average operating assets employed (Enter your answer in whole dollors, not in thousonds.)

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