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Home Q & A Board Other Fields Homework Help Business Economics
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ashly138 ashly138
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6 years ago
Batman Abstract Company has three divisions that operate autonomously. Their results for the current year were as follows:

   Riddler   Joker   Penguin
Sales   $5,000,000   $7,000,000   $10,000,000
Contribution margin   1,440,000   1,700,000   3,500,000
Operating income   1,000,000   1,750,000   2,520,000
Investment base   9,000,000   10,000,000   14,000,000

The company's desired rate of return is 20%.

Required:
a.   Compute each division's ROI.
b.   Compute each division's residual income.
c.   Rank each division by both ROI and residual income.
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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GarretAGarretA
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Without mathematics, there's nothing you can do. Everything around you is mathematics. Everything around you is numbers.

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