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Residual Income The Consumer Division of Galena Company has income from operations of $209,260 and assets of $464,000. The minimum acceptable return on assets is

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Residual Income The Consumer Division of Galena Company has income from operations of $209,260 and assets of $464,000. The minimum acceptable return on assets is 11%. What is the residual income for the division? $ Profit Margin, Investment Turnover, and ROI Cash Company has income from operations of $33,565, invested assets of $137,000, and sales of $479,500. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin % b. Investment turnover C. Return on investment % Income from Operations for Profit Center The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of 4,000 hours of service for the period. The Retail Division has used 2,750 hours of computer technology service during the period, and the Commercial Division has used 1,250 hours of computer technology service. Additional data for the two divisions is following below: Sales Cost of goods sold Selling expenses Retail Division Commercial Division $2,150,000 $1,200,000 1,300,000 800,000 150,000 175,000 Determine the divisional income from operations for the Retail Division and the Commercial Division. Do not round interim calculations. Hardy Company Divisional Income from Operations Retail Division Commercial Division $ Income from operations

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