Mahim products has a division that generated 10000000 in

Reference no: EM13599457

Mahim Products has a division that generated $10,000,000 in sales and operating income of $1,700,000 on average operating assets of $6,000,000. The company's management team expects division managers to generate sufficient income to guarantee a minimum return of 30 percent.

What is the division's residual income and Return on Invsetment (ROI)?

Reference no: EM13599457

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