ACCOUNTING 505-Esh Wares is a division of a major corporation

by | Mar 18, 2020 | Uncategorized

  

2.(TCO G) 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?

  

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