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Exercise 22-17 The South Division of Wiig Company reported the following data for the current year. Sales $3,079,000 Variable

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Answer #1

1) Return on investment = Controllable margin/Average operating assets = 456260/5009800 = 9.1%

2a) ROI = (456260+321000*34%)/5009800 = 11.3%

ROI = (456260+154500)/5009800 = 12.2%

ROI = 456260/4809408 = 9.5%

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