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( 4 pts . ) Eban Wares is a division of a major corporation. The following data are for the latest year of operations: Sales

(4 pts.) Eban Wares is a division of a major corporation. The following data are for the
latest year of operations:
Sales
$12,300,000
Net operating income.
$1,115,000
Average operating assets
$5,200,000
The company's minimum required rate of return
14%
Required:
a. What is the division's margin?
b. What is the division's turnover?
c. What is the division's return on investment (ROI)?
d. What is the division's residual income?
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