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The Hardware Department of Zaphod Inc. had the following information gathered from their fiscal year end financial reports at December 31, 2019 Average Total Assets
The Hardware Department of Zaphod Inc. had the following information gathered from their fiscal year end financial reports at December 31, 2019 Average Total Assets $1,169,500 Operating Income $233,900 Required Return 10% Sales $1,299,444 Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Calculate the segment margin percetnage for the Hardware Department. Profit Margin: 20 X % b) Calculate the return on investment for the Hardware Department. Return on Investment: 20 % c) Calculate the residual income for the Hardware Department. Residual Income: $233900 X
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