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Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missing information for the lettered items. (Round minimum rate of return and ROI to 1 decimal place, e.g. 10.5% and round average operating assets to 0 decimal places e.g. 58,971.)     Lager   Lite Lager Contribution margin   $499,700       $299,500     Controllable margin   199,300            (c) Average operating assets   $     (a)   $1,200,000     Minimum rate of return      %  (b)   11  %   Return on investment   20  %        %  (d) Residual income   $100,400       $204,400

Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missing information for the lettered items. (Round minimum rate of return and ROI to 1 decimal place, e.g. 10.5% and round average operating assets to 0 decimal places e.g. 58,971.)     Lager   Lite Lager Contribution margin   $499,700       $299,500     Controllable margin   199,300            (c) Average operating assets   $     (a)   $1,200,000     Minimum rate of return      %  (b)   11  %   Return on investment   20  %        %  (d) Residual income   $100,400       $204,400

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Presented below is selected financial information for two divisions of Samberg Brewing.

Supply the missing information for the lettered items. (Round minimum rate of return and ROI to 1 decimal place, e.g. 10.5% and round average operating assets to 0 decimal places e.g. 58,971.)

   
Lager
  
Lite Lager
Contribution margin  
$499,700
      
$299,500
    
Controllable margin  
199,300
      
 
    (c)
Average operating assets  
$ 
    (a)  
$1,200,000
    
Minimum rate of return  
 
  %  (b)  
11
  %  
Return on investment  
20
  %    
 
  %  (d)
Residual income  
$100,400
      
$204,400
  
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