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4 points USE THE FOLLOWING TO ANSWER QUESTIONS 21 THROUGH 24 The Mrs. Potts Division is segment of data. Sales were $16,840,000; net operating income

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4 points USE THE FOLLOWING TO ANSWER QUESTIONS 21 THROUGH 24 The Mrs. Potts Division is segment of data. Sales were $16,840,000; net operating income was $399,360; and average operating assets were $4,000,000. The company's minimum required rate of return is 18%. a large, multinational company. Mrs. Potts reported the following current year financial Mrs. Potts margin is closest to: 24 0% o 26,4% o 100% 24% Question 1.22 points Based upon the information given in question 21 above. Mrs. Potts turnover is closest to: O 0.10 O 4 16 O 378 O 4167 Question 1.23 Based upon the information given in question 21 above, Mrs. Potts return on investment (ROI) is closest to: o 100% 02% 41 6% 19% Question 1.24 Based upon the information given in question 21 above, Mrs. Potts residual income is closest to: $(2,595,840) O $399,360 $(320,640) o $1,119,360

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