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The following is selected financial information for two divisions of Swifty. Supply the missing information for the lettered items. (Round minimum rate of return
The following is selected financial information for two divisions of Swifty. Supply the missing information for the lettered items. (Round minimum rate of return and ROI to 1 decimal place, eg. 10.5%) Contribution margin Lager $500,800 Controllable margin 200,000 Average operating assets Minimum rate of return Return on investment Residual income Lite Lager $299,400 (c) (a) $1,201,000 % (b) 11 % 16 % $100,000 % (d) $202,969
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