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Calculate the southern division return on investment

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Reference no: EM132468133

Problem - Presented below is information related to the Southern Division of Lumber Ltd.

Contribution margin $1,223,300

Controllable margin $1,018,850

Average operating assets $4,075,400

Minimum rate of return 20%

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

Reference no: EM132468133

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