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Questions Fahad Wares is division of a major corporation. The following data are for the latest year of operations: Sales 1524.480.000 Net operating income 51.738.080

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Questions Fahad Wares is division of a major corporation. The following data are for the latest year of operations: Sales 1524.480.000 Net operating income 51.738.080 werage operating assets 156.000.000 the company's minimum required rate of return 116 Required: 2. What is the division's return on investment (ROO? (1 Mark) What is the division's residual income? (1 1/2 Marks) c. Explain THREE Intations of Return on investment (RON as a measure of performance (1 1/2 Marks) For the toolbar, press ALT F19 / Turin

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