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asap please Express Company has three dvisions and expects each division to eam a 14% target rate of retum, The company had the following results
asap please
Express Company has three dvisions and expects each division to eam a 14% target rate of retum, The company had the following results last year. Division 3 reported the following data. (CSck the icon to view the results) (Click the icon to view the Divaion 3 data) Read the requirements Requirement 1. Compute Division 3s proft margin ratio, aswet tumover ratio, and ROL. Round your results to three decimal places. Interpret the resuls in relation to the other two osvisions. Begin by computing Division 3 ss profit margin rato. (Enier the profit margin ratio as a percentage rounded to one decimal place, XX\%) Now compute Division 3s asset tumovec rato. (Enter the asset tumover ratio in decimal form to three decimai places, X0X ) Express Company has three divisions and expects each division to earn a 14% target rato of retum. The company had the following results last year: (Click the loon to view the results.) Division 3 reported the following data: (Cick the lcon to viow the Division 3 data) Road the requirement: Division 3 meeting top managements expectations: 1ts ROI is than the 14% target rate of retum. Division 3 s protit margin ratio is than the other two divisions Addetionally. the asset tumover rabo is than Divition rs and than Division 2/s. This means that Division 3 generating sales from its average total assets as efficiently as Division 1 and Division 3 is etloent than Dmsion 2 Division mi Requirement 2. Compute and interpret Divion 3's Fo. Fint, compute Division 3's Ri. (Use parertheses or a minus sign sor a negative Fa) The Ri confems the ROt resues: The division meeting managernencs target rate of retum. Requirement 3. What can you conclude based on the fnanclal performance KPls? Both invesiment center financial performance KPis of point to the same conclusion. Division 3 tmeebng franod expectations. Top manapements ind staknholders expectations are the division is Recall, however, that financial perfomance measures tend to be lag indcators-measuring the Data table If rate of rotum. Division 3's profit margin ratio is than the other two divisions. Additonal Divion 3 generating sales from its avbrage fotal assets as efficiently as Dwision 1 and Requirements Data table 1. Compute Dwision 3rs profi margin ratio, asset fumgver ratio, and ROI. Round your resuts to three decimal places. Interpret the results in relation so the other two divisions. 2. Compute and interprot Division 3 s Rd. 3. What car you concude bated on the faancial performance kPls Step by Step Solution
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