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The Calculating Fashion Company has two operating divisions: North and South. The following information was collected from its financial statements, North South Operating income $
The Calculating Fashion Company has two operating divisions: North and South. The following information was collected from its financial statements, North South Operating income $ 15,375 $9.160 Sales 90.100 128,445 Average operating assets 47,620 37,690 Required: The South Division has a goal to increase its ROI to 30% by the end of next year. Compute the increase (decrease) required in each of the following items in order to achieve this goal. a. Operating assets b. Total costs c. Sales
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