Presented below is selected information for three regional divisions of Medina Company.
Divisions
North West South
Contribution margin $300,300 $500,100 $399,300
Controllable margin $140,000 $361,100 $208,600
Average operating assets $1,000,000 $1,570,000 $1,490,000
Minimum rate of return 11% 15% 9%
Required:
Compute the return on investment for each division.
Answers: 3
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Presented below is selected information for three regional divisions of Medina Company.
Divisions...
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