the first couple of questions have been answered. I will need the sub- parts to be solved.” Transcribed Image Text: Eacher Wares is a division of a major corporation. The

the first couple of questions have been answered. I will need the sub- parts to be solved.” Transcribed Image Text: Eacher Wares is a division of a major corporation. The following data are for the latest year of
operations:
Sales
Net operating income
Average operating assets
The company’s minimum required rate of return
$14,720,000
$1,000,960
$4,000,000
14%
Required:
a. is the division’s margin?
b. is the division’s turnover?
c. is the division’s return on investment (ROI)?
d. is the division’s residual income?

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