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What is the division return on investment

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Reference no: EM132939768

Question - El Campo is a division of a major corporation. The following data are for the latest year of operations:

Sales P10,890,000

Net operating income P609,840

Average operating assets P3,000,000

The company's minimum required rate of return 16%

Requirements -

1. What is the division's margin?

2. What is the division's turnover?

3. What is the division's return on investment (ROI)?

4. What is the division's residual income?

Reference no: EM132939768

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