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What is the division return on investment

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Reference no: EM131986268

Question - Jest Industries is a division of a major corporation. Last year the division had total sales of $33,667,200, net operating income of $4,679,741, and average operating assets of $7,014,000. The company's minimum required rate of return is 22%.

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)?

Reference no: EM131986268

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