Find what is the divisions net operating income

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Burgundy, Inc. specializes in producing fishing nets, which they sell for $20 each. You are the Vice President of the West Coast division, which reported the following results for 2018: Fishnets sold: 100,000 Contribution margin: 40% Residual income: ($48,000) or negative $48,000 Return on Investment (ROI): 20% Average assets invested: $2,400,000

Question 1: What is the divisions net operating income?

Reference no: EM132524100

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