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Voorhees, Inc. reports the following nancial information. Average operating assets Controllable margin Minimum rate of return $3,000,000 $ 660,000 10% Compute the return on investment

Voorhees, Inc. reports the following nancial information.

Average operating assets Controllable margin Minimum rate of return

$3,000,000 $ 660,000 10%

Compute the return on investment and the residual income.

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