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Brief Exercise 22-12 Your answer is incorrect. Try again. Presented below is information related to...

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Brief Exercise 22-12 Your answer is incorrect. Try again. Presented below is information related to the Southern Division of Lumber, Inc. Contribution margin Controllable margin Average operating assets Minimum rate of return $1,200,000 $800,000 $4,000,000 15 % Compute the Southern Division's return on investment and residual income Return on investment Residual income

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