Business, 06.05.2020 02:21 anonymousanon
The following information pertains to the three divisions of Marlow Company:
Division X Division Y Division Z
Sales ? ? $1,250,000
Net operating income $36,000 $25,000 $75,000
Average operating assets $300,000 ? ?
Return on investment ? 20% 15%
Margin 0.10 0.05 ?
Turnover 1.2 ? ?
Target ROI 15% 12% 10%
What is the residual income for Division X?
a.$45,000
b.$(9,000)
c.$36,000
d.$(36,000)
Answers: 2
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The following information pertains to the three divisions of Marlow Company:
Division X...
Division X...
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