Find what is the division return on investment or roi

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Reference no: EM132650038

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

Sales     $14,720,000

Net operating income $1,000,960

Average operating assets $4,000,000

The company's minimum required rate of return 14%

Required:

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: EM132650038

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