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The owner of Carla Vista Toy Manufacturing Company has recently expanded his business in order to add an additional product line. In addition to toys,
The owner of Carla Vista Toy Manufacturing Company has recently expanded his business in order to add an additional product line. In addition to toys, the company now sells shirts. The company has a minimum rate of return of 14%. Sales Controllable margin Average operating assets Toys $620,000 Residual Income 140,000 920,000 Shirts $220,000 Toys 30,000 Compute the residual income for both investment centers. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) 260,000 LA Shirts
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