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View Policies Current Attempt in Progress Blossom Decor sells home decor items through three distribution channels-retail stores, the Internet, and catalog sales. Each distribution
View Policies Current Attempt in Progress Blossom Decor sells home decor items through three distribution channels-retail stores, the Internet, and catalog sales. Each distribution channel is evaluated as an investment center. Selected results from the latest year are as follows: Internet $3,850,000 Sales revenue Retail Stores $9,900,000 Catalog Sales $3,000,000 Variable expenses 3,850,000 1,400,000 1,700,000 Direct fixed expenses 4,350,000 900,000 1,100,000 Average assets 7,850,000 3,850,000 1,950,000 Required rate of return 12% 12% 12% (a) Calculate the current residual income for each distribution channel. (If the residual income is a loss then enter with a negative sign preceding the number, e.g. -5,125 or parenthesis, e.g. (5,125).) Residual Income $ Retail $ Online $ Catalog eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer
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