1) Sales: $36,480,000

Net Operating Income: $2,808,960

Average operating assets: $8,000,000

The company's minimum required rate of return: 16%

The divisions margin used to compute ROI is cloest to: 29.6%, 35.1%, 21.9%, or 7.7%?

2) Last year the division had total sales of $19,560,000, net operating income of $1,877,760, and average operating assets of $6,000,000.

The divisions return on investment ROI is closest to: 7.3%, 23.8%, 31.3%, or 3.0%?

3) Sales: $15,200,0000

Variable Expenses: 9,470,000

Contribution Margin: 5,730,000

Fixed Expenses: 4,818,000

Net operating Income: $912,000

The company's minimum required rate of return is 12% and its average operating assets were $8,000,000. Last years residual income was closest to: 912,000, (48,000), 960,000, or (972,800)?