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1. Sales = $400,000, Operating Assets = $100,000, Net Operating Income = $20,000. a. Calculate margin, b. Calculate turnover, c. Calculate return on investment. SHOW

1. Sales = $400,000, Operating Assets = $100,000, Net Operating Income = $20,000.

a. Calculate margin, b. Calculate turnover, c. Calculate return on investment. SHOW WORK.

2. Operating assets = $400,000. Required minimum return on investment = 10%. Net operating income = $42,000.

a. Calculate residual income. SHOW WORK.

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