Presented below is information related to the southern, Accounting Basics

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Presented below is information related to the southern

Problem

Presented below is information related to the Southern Division of Lumber, Inc.

Contribution margin $1,241,200
Controllable margin $848,127
Average operating assets $4,038,700
Minimum rate of return 15 %

Calculate the Southern Division's return on investment and residual income.

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Accounting Basics: Presented below is information related to the southern

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Accounting Basics: Presented below is information related to the southern

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