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Find what is the division return on investment

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Reference no: EM132533922

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

Sales ................................................................................. $10,890,000

Net operating income ...................................................... $609,840

Average operating assets ................................................. $3,000,000

The company's minimum required rate of return ........... 16%

Required:

Question a. What is the division's margin?

Question b. What is the division's turnover?

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

Question d. What is the division's residual income?

Reference no: EM132533922

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