Scottie is the manager of an investment center within Hamilton Company.Using the information below,calculate (a)return on total assets and (b)investment center residual income.
Net Income…………………… $315,900
Average Invested Assets……..$2,100,000
Target Net Income…………… 6% of division assets

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The Answer of Scottie is the manager of an investment center within Hamilton Company.Using the information below,calculate (a)return on total assets and (b)investment center residual income.
Net Income…………………… $315,900
Average Invested Assets……..$2,100,000
Target Net Income…………… 6% of division assets

Scottie Is the Manager of an Investment Center Within Hamilton