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Question 2 of 2 - / 16 View Policies Current Attempt in Progress Northern Pride Inc., a diversified company, operates four departments. The company has
Question 2 of 2 - / 16 View Policies Current Attempt in Progress Northern Pride Inc., a diversified company, operates four departments. The company has collected the following departmental information for 2020: Department Sales Cost of Goods Sold Operating Expenses Current Investment 1 $ 172,000 $ 129,000 $ 12,900 $ 150.500 2 77.400 30,100 22,016 180,600 3 1,290,000 1,008,780 167,700 946.000 4 1,075,000 645,000 249,400 1.204,000 Calculate return on investment and rank department performances. (Round answers to 0 decimal places, eg. 10%.) Calculate return on investment and rank department performances. (Round answers to O decimal places, eg, 10%) Department ROI Rank 1 % 2 % % 3 % 4 e Textbook and Media Calculate residual income and rank department performances. Assume that the company requires a minimum return on the current investment of 10%. Department RI Rank 1 $ 2 $ 3 TA $ 4
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