Several items are missing from the following table of rate of return on investment and residual income.
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Question:
Several items are missing from the following table of rate of return on investment and residual income. Determine the missing items, identifying each item by the appropriate letter (a I). Round percentage values to one decimal point
Division | Invested assets | Income from operation | Rate of return on Inv | Min rate of return | Min. Amt. of income from operation | Residual income |
East | (a) | (b) | (c) | 16% | $ 128000 | $10,000 |
West | $850000 | $153000 | (d) | 12% | (e) | (f) |
North | 825000 | (g) | 20% | (h) | (i) | $24000 |
South | (j) | $129000 | 24% | (k) | $60,000 | (l) |
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