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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 4% Divisional
The following information is available about the status and operations of the Manufacturing Division of Taylor Company, which has a hurdle rate of 4% Divisional identifiable average assets $413,185 Divisional income from operations Divisional sales revenue S 20,696 $ 370,082 a. Compute the ROI for the Manufacturing Division (Round your answer to 1 decimal place.) b. Break the Manufacturing Division ROl down using the DuPont formula. (Round your answers to 2 decimal places.) ac Profit Margin Investment Turnover c. Compute the residual income for the Manufacturing Division. (Round your answer to the nearest dollar amount.) 0 Type here to search
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