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Below is given the data for the assembly division of Charles Corporation: Sales 2021 2020 $100,000,000 $165,000,000 $22,000,000 $28,000,000 Cost of Sales Operating Expenses
Below is given the data for the assembly division of Charles Corporation: Sales 2021 2020 $100,000,000 $165,000,000 $22,000,000 $28,000,000 Cost of Sales Operating Expenses $10,000,000 $15,000,000 Average Operating Assets $250,000,000 $310,000,000 Minimum Required Rate of Return 9% Actual Cost of Capital 6% Income Tax Rate 30% Instructions 1. Compute the margin and turnover ratios for each year 2. Compute the ROI for each year 3. Compute the residual income for each year 4. Compute EVA for Charles Corporation for each year (*Note: Round to 2 decimal) MacBook Air
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