Presented here is information related to the Southern Division of Flounder, Inc. Contribution margin $1,223,300 Controllable...

Transcribed Image Text:

Presented here is information related to the Southern Division of Flounder, Inc. Contribution margin $1,223,300 Controllable margin $1,018,750 Average operating assets $4,075,000 Minimum rate of return 20 % Compute the Southern Division's return on investment and residual income. Return on investment Residual income +A $ % Presented here is information related to the Southern Division of Flounder, Inc. Contribution margin $1,223,300 Controllable margin $1,018,750 Average operating assets $4,075,000 Minimum rate of return 20 % Compute the Southern Division's return on investment and residual income. Return on investment Residual income +A $ %

Answer rating: 100% (QA)

To calculate the Southern Divisions return on investment ROI we need to divide the cont... View the full answer