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The Central Division of American, Inc., has operating income of $19,300 on sales revenue of $192,000. Divisional operating assets are $82,400, and management of American
The Central Division of American, Inc., has operating income of $19,300 on sales revenue of $192,000. Divisional operating assets are $82,400, and management of American has determined that a minimum return of 12% should be expected from all investments. Required: Using the DuPont model, calculate TheCentral Division's margin, turnover, and ROI.(Do not round your intermediate calculations and round final answers to 2 decimal places.) Calculate The Central Division's residual income
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