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Romano corporation has three operating divisions and

Romano Corporation has three operating divisions and requires a 12% return on all investments. Selected information is presented here:

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Required:
a. Calculate the missing amounts for each division.
b. Comment on the relative performance of each division.
c. Provide an example to show how residual income improves decision making at the divisional level.

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Cost Accounting: Romano corporation has three operating divisions and

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Cost Accounting: Romano corporation has three operating divisions and

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