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Three divisions of Jameson Co. report the following sales and operating data Athletic ear Spa Services $680,000 $930,000 $ 650,000 $136,000 $ 186,000 $130,000 $
Three divisions of Jameson Co. report the following sales and operating data Athletic ear Spa Services $680,000 $930,000 $ 650,000 $136,000 $ 186,000 $130,000 $ 27,200 37,200 32,500 Fitness Training Sales Average operating assets Operating income Minimum required rate of return 10% 12% 10% Required. 1. Compute the ROl for each division, using the formula stated in terms of margin and turnover. ROI Fitness training Spa services Athletic wear 2. Compute the residual income for each division Fitness Training Spa Services Athletic Wear Residual income
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