Question: PLEASE ANSWER ASAP Part 2 blanks: roadbike/mountain bike does/does not roadbike/ moutain bike Divisional Peiformance Analysis and Evaluation The vice greudent of operations of free

Divisional Peiformance Analysis and Evaluation The vice greudent of operations of free fide Buke Compomyis cvaluating the performance of two divisions organized as investment centeris, Invested assets and condensed income statement data for the mast year for each division are as follows: 2. Hhang the Durfont formula for return on investment, determine the profit marqin, investment turnover, and rate of tetuan on investment for each division. If required, round your answers to one decimal place. 3. If managenent desines a minimum acceptable rate of return of 18%, determitie the residual income for each Givision. 4. On the basis of operating iricome, the Drwision is the moce profitable of the two divisions. However, operating income the amount of invested assets in each division, On the bosis of residual inconse, the Division is the mare profitable of the two divisions
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