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ACCT 2332 I need help with the following question: value 20.00 points Selected sales and operating data for three divisions of different structural engineering firms
ACCT 2332
I need help with the following question:
value 20.00 points Selected sales and operating data for three divisions of different structural engineering firms are given as follows Division A Division B $6,300,000 $10,300,000 $9,400,000 $1,260,000 $5,150,000 $1,880,000 $ 340,200 968,200 249,100 DivisionC Sales Average operating assets Net operating income Minimum required rate of return 20.00% 18.80% 17 .00% Required 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. (Round your Turnover answers to 2 decimal places. Round your Margin and RO percentage answers to 2 decimal places (ie., 0.1234 should be entered as 12.34).) Margin Turnover ROI Division A Division B Division 2. Compute the residual income (loss) for each division. (Loss amounts should be indicated by a minus sign. Round your Required Rate of Return percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) Division A Division B Division C Average operating assets Required rate of return Required operating income Actual operating income Required operating income (above) Residual income (loss)Step by Step Solution
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