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Sterling, Inc. reports the following financial information for its sports clothing segment. Average operating assets $3,059,000 Controllable margin $672,980 Minimum rate of return 10
Sterling, Inc. reports the following financial information for its sports clothing segment. Average operating assets $3,059,000 Controllable margin $672,980 Minimum rate of return 10 9 Compute the return on investment and the residual income. Return on investment Residual income 10 96
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