Q1. You are given the following information with respect to DVD & e-learning divisions of Smart Touch online solution Limited:

Smart Touch	e-Learning	DVD
Operating Income	$ 450,000	$ 975,800
Average Total Assets	$ 2500,000	$ 6500,000
Sales	$ 7500,000	$ 243,600

The target rate of return is 16%. Calculate the financial performances of DVD & e-Learning division using Residual Income (RI) & Return on Investment (ROI) approach.

Typed Only

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