Question: Refer to the data in Exercise 14-28. Required Evaluate the performance of the two divisions assuming BMI uses residual income. Data From Exercise 14-28: Back

Refer to the data in Exercise 14-28.

Required
Evaluate the performance of the two divisions assuming BMI uses residual income.

Data From Exercise 14-28:

Back Mountain Industries (BMI) has two divisions: East and West. BMI has a cost of capital of 15 percent. Selected financial information (in thousands of dollars) for the first year of business follows:

Refer to the data in Exercise 14-28.RequiredEvaluate the performance of the two

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