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Wyatt Inc. has income from operations of $60.000, invested assets of $350,000, and sales of $750,000. Use a formula to calculate the rate of retum
Wyatt Inc. has income from operations of $60.000, invested assets of $350,000, and sales of $750,000. Use a formula to calculate the rate of retum on investment, and show your calculations for credit. Round all percentages to two decimal places (such as 23.45%) and the investment turnover to three decimal places (such as 1.234). Show your calculations to get any credit. Division X of Tree Inc.'s has sales of $600,000. income from operations of $100.000 and assets of $450,000. The minimum acceptable rate of return on assets is 14%. What is the residual income for the division? Must show your calculations to get any credit
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