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Question 37 Presented below is selected information for two divisions of Juliana Company: Sales Controllable margin Average operating assets Eastern $ 648,000 93,150 172,500 Western
Question 37 Presented below is selected information for two divisions of Juliana Company: Sales Controllable margin Average operating assets Eastern $ 648,000 93,150 172,500 Western $807,500 83,220 219,000 Calculate the return on investment for each division. (Round answers to 2 decimal places, e.g. 15.25%.) Return on investment Eastern division Western division What is the residual income for each division if the required rate of return is 14%? Residual Income Eastern division Western division
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