Question: Current Attempt in Progress Presented below is information related to the Southern Division of Lumber Ltd. Contribution margin $1,240,500 Controllable margin $1,015,900 Average operating assets

Current Attempt in Progress Presented below is information related to the Southern Division of Lumber Ltd. Contribution margin $1,240,500 Controllable margin $1,015,900 Average operating assets $4,063,600 Minimum rate of return 16 % Calculate the Southern Division's return on investment and residual income. Return on investment % Residual income

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