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Esh Wares is a division of a major corporation. The following data are for the latest year of operations.
Sales Net
$50,000,000
Operating Income
$3,200,00
Average Operating Assets
$10,000,000
The company's minimum required rate of return
15%
Required:
i. What is the division's margin?
ii. What is the division's turnover?
iii. What is the division's ROI?
iv. What is the division's residual income?
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