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a Lauren Randolph is a national paint manufacturer and retailer. The company is segmented into five divisions: Paint Stores (branded retail locations), Consumer (paint sold
a Lauren Randolph is a national paint manufacturer and retailer. The company is segmented into five divisions: Paint Stores (branded retail locations), Consumer (paint sold through home improvement stores), Automotive (sales to auto manufacturers), International, and Administration. The following is selected divisional information for its two largest divisions: Paint Stores and Consumer. (Click the icon to view the information.) Management has specified a 22% target rate of return. Read the requirements. ... Requirement 1. Calculate each division's ROI. Round all of your answers to four decimal places. Begin by selecting the formula to calculate return on investment (ROI), and then enter the amounts to calculate each division's ROI. (Round your calculations to four decimal places and enter your answer as a percent rounded to two decimal places, X.XX%) = ROI Question 1, P24-26B (si... Part 1 of 20 HW Score: 0%, 0 of 2 points O Points: 0 of 2 andolph is a national paint manufacturer and me company is segmented into five divisions: Paint anded retail locations), Consumer (paint sold ome improvement stores), Automotive (sales to facturers). International and Administration. The following is selected divisional inform largest divisions: Paint Stores and Consu (Click the icon to view the information O equire Data table Ent 1. Net Sales Revenue lectin Operating Income Average Total Assets Jl. ( Paint Stores $ 3,970,000 $ ces, 478,000 $ Consumer 1,300,000 1,420,000 1,620,000 184,000 Print Done 000 the Requirements en by 's PI 1. Calculate each division's ROI. Round all of your answers to four decimal places. 2. Calculate each division's profit margin ratio. Interpret your results. 3. Calculate each division's asset turnover ratio. Interpret your results. 4. Use the expanded ROI formula to confirm your results from Requirement 1. Interpret your results. 5. Calculate each division's RI. Interpret your results, and offer a recommendation for any division with negative RI. 6. Describe some of the factors that management considers when setting its minimum target rate of return. Print Done
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