Reference no: EM133216269

Procrastinatrix is a software company that develops games for popular mobile devices. Selected data for two of their most successful apps (Time Wasters 4 and Dilly Dally - The Return) are listed below.

Time Wasters 4 Dilly Dally - The Return Total

Sales $25,000,000 $43,000,000 $68,000,000

Operating Income $1,200,000 $2,600,000 $3,800,000

Average Operating Assets $3,000,000 $4,500,000 $7,500,000

Required Rate of Return 22% 22%

For both complete the following:

a. The Margin

b. The Turnover

c. The Return on Investment

d.The Residual Income

Make sure to show ALL work! A majority of the marks are based on the work, not the final answer. To receive full credit for each question, you must show your work, and round your final answers to 2 decimal points correctly.

Assignment is due August 8th, 2022 at 11:59PM - Midnight as a Microsoft Word or Excel file in the drop box located on SLATE only. Late assignments are subject to a 10% per day penalty.