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Compute the residual income for the division

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Reference no: EM132793663

Question - Our Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,100,000; sales of $4,525,000; cost of goods sold of $2,550,000; and operating expenses of $1,372,000. Assume a target income of 10% of average invested assets.

Required -

1. Compute the residual income for the division?

2. Compute the investment center profit margin?

3. Compute the investment turnover?

Reference no: EM132793663

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