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What is the division turnover and division margin

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Reference no: EM132594329

Eacher Wares is a division of a major corporation. The following data are for the latest year of operations:

Sales                                                   $14,720,000

Net operating income                             $1,000,960

Average operating assets                       $4,000,000

The company's minimum required rate of return 14%

Required:

Question a. What is the division's margin?

Question b. What is the division's turnover?

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

Question d. What is the division's residual income?

Reference no: EM132594329

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