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The following information is available about the status and operations of the Manufacturing Division of Taylor Company, which has a hurdle rate of 7%. Divisional
The following information is available about the status and operations of the Manufacturing Division of Taylor Company, which has a hurdle rate of 7%. Divisional identifiable average assets Divisional income from operations Divisional sales revenue $ 415,096 $ 20,696 $ 367,541 a. Compute the ROI for the Manufacturing Division. (Round your answer to 1 decimal place.) Return on Investment % b. Break the Manufacturing Division ROI down using the DuPont formula. (Round your answers to 2 decimal places.) Manufacturing Division ROI Profit Margin Investment Turnover % c. Compute the residual income for the Manufacturing Division. (Negative amounts should be indicated by a minus sign. Round your answer to the nearest dollar amount.) Residual Income
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