Question: Please help and explain, thank you for your time!! Chapter 11 Question 2 of 2 K View Policies Current Attempt in Progress Northern Pride Inc.,


Chapter 11 Question 2 of 2 K View Policies Current Attempt in Progress Northern Pride Inc., a diversified company, operates four departments. The company has collected the following information for 2020: Department Sales Cost of Goods Sold Operating Expenses Current Investment 1 $ 164,000 $ 123,000 $ 9.430 $ 143,500 N 73,800 28.700 19,270 172.200 1,230,000 961,860 141.860 902.000 3 4 1,025,000 615,000 214.840 1,148,000 Calculate return on investment and rank department performances. (Round answers to O decimal places, e.g. 10%.) Department ROL Rank estion 2 of 2 Calculate return on investment and rank department performances. (Round answers to O decimal places, eg. 10%) Department ROI Rank 1 % 2 se % 3 % de e Textbook and Media Calolate residual income and sank danactment marformances Assume that the commanv ecuires a minimum estion 2 of 2 Calculate residual income and rank department performances. Assume that the company requires a minimum return on th current investment of 10%. Department RI Rank $ N 2 $ 3 $
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