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Question 7 of 7 -/14 E 1 Ivanhoe Decor sells home decor items through three distribution channels-retail stores, the Internet, and catalog sales. Each
Question 7 of 7 -/14 E 1 Ivanhoe Decor sells home decor items through three distribution channels-retail stores, the Internet, and catalog sales. Each distribution channel is evaluated as an investment center. Selected results from the latest year are as follows: Sales revenue Retail Stores Internet $10,040,000 Catalog Sales $3,990,000 $3,240,000 Variable expenses 3,990,000 1,540,000 1840.000 Direct fixed expenses 4,490,000 1,040,000 1.240.000 Average assets 7,990,000 3,990,000 1.690.000 Required rate of return 11% 11% 11% Calculate the current residual income for each distribution channel. If the residual income is a loss then enter with a negative sign preceding the number, es-5,125 or parenthesis, es (5,125)) + Residual Income $ Retail $ Online Catalog eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer
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