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What is the division residual income

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Reference no: EM131115828

2. 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?

Reference no: EM131115828

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