Presented below is information related to the Southern Division of Lumber Ltd Contribution margin $1,235,800 Controllable margin $844,977 Average operating assets $4,023,700 Minimum rate of return 20 Calculate the Southern Divisions return on investment and residual income Return on investment ente...

Solution Retwin on Investment ROI Means the Controllabl ...

Presented below is information related to the Southern Division of Lumber Ltd. Contribution margin $1,235,800 Controllable margin

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Presented below is information related to the Southern Division of Lumber Ltd.

Contribution margin	$1,235,800
Controllable margin	$844,977
Average operating assets	$4,023,700
Minimum rate of return	20	%

Calculate the Southern Division’s return on investment and residual income.

Return on investment		enter percentages	%
Residual income		$enter a dollar amount

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Presented below is information related to the Southern Division of Lumber Ltd. Contribution margin $1,235,800 Controllable margin

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