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Two divisions of Interspatial Company report summary results as follows:
Pluto Mars
Sales $800,000 $900,000
Operating income $100,000 $150,000
Average investment $200,000 $400,000
a)Calculate the return on investment for each division and then break it down into the return on sales and investment turnover.
b)What is the residual income for each division if the required rate of return is 20%?
Television Dramas
A genre of narrative fiction intended to be more serious than humorous in tone, focusing on in-depth development of realistic characters who must deal with realistic emotional struggles, often aired on television.
Degrees of Freedom
The number of independent values or quantities that can vary in the analysis of data without violating any constraints.
Contingency Table
A chart utilized in statistics to represent the association among multiple categorical variables.
Degrees of Freedom
The number of independent values or quantities which can be freely assigned in a statistical calculation, typically influencing the shape of various distributions.
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