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Zoe, a national manufacturer of lawn-mowing and snow-blowing equipment, segments its business according to customer type: Professional and Residential. Assume the following divisional information
Zoe, a national manufacturer of lawn-mowing and snow-blowing equipment, segments its business according to customer type: Professional and Residential. Assume the following divisional information was available for the past year (in thousands of dollars): (Click the icon to view the information.) Read the requirements Data table - X Requirement 1. Calculate each division's ROI. First enter the formula, then calculate each division's Residential Professional Interpret your results. Each division' ROL Sales Operating Income Total Assets Residential $ 420,000 $ 58,800 $ 210,000 Professional $ 608,000 $ 152,000 $ 380,000 Assume that management has a 25% target rate of return for each division Print Done
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