Question: 17) Current Attempt in Progress Coronado Corporation recorded operating data for its Waterhole division for the year. Coronado requires its return to be 8.6%. Sales

17) 17) Current Attempt in Progress Coronado Corporation recorded operating data for its

Current Attempt in Progress Coronado Corporation recorded operating data for its Waterhole division for the year. Coronado requires its return to be 8.6%. Sales $500000 Controllable margin 91000 Total average assets 350000 Fixed costs 28000 Residual income 53000 How much is ROI for the year? O 26.00% O 15.14% 25.33% O 10.60%

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