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What is the company margin percentage

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Reference no: EM132516767

Leete Inc. reported the following results from last year's operations:

Sales 10,000,000

Variable expenses 7,300,000

Contribution margin 2,700,000

Fixed expenses 1,700,000

Net operating incom 1,000,000

Average operating assets were $6,800,000. It's minimum required return was 12%.

Question 1. What is the company's margin percentage?

Question 2. What is the company's turnover?

Question 3. What is the company's return on investment?

Question 4. What is the company's residual income?

Reference no: EM132516767

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