Evaluate the division''s margin

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Reference no: EM1311072

Calculating division's margin, turnover, return on investment (ROI), residual income.

Ebel Wares is a division of a major corporation. The following data are for the latest year of operations:

Sales	$29,120,000
Net Operating Income	$1,514,240
Average operating assets	$8,000,000
The company's minimum required rate of return	18%

a. What is the division's margin?

b. What is the division's turnover?

c. What is the division's return on investment (ROI)?

d. What is the division's residual income?

Reference no: EM1311072

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