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Unformatted text preview: Operating expenses Income from operations 2. Rate of return on = Profit margin x Investment turnover investment (ROI) Rate of return on = x investment (ROI) Touring Bike Division: ROI = x = Off-Road Bike Division: ROI = x = 3. Touring Bike Division residual income: Off-Road Bike Division residual income: 4. Instructions Division Division...
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- Spring '08