Best Division's earned operating income last year was as follows

Activity #17: Chapter 11 concepts Best Division's earned operating income last year was as follows: Sales Cost of goods sold Gross Margin Selling and administrative exp Operating Income Income Taxes (@30%) Net Income At the end of the year, the value of operating assets: 480,000 (222,222) 257,778 (210,000) 48,000 14,400 33,600 At the beginning of the year, the value of operating assets: Best Division's required rate of return for all divisions: Best's Division's total cost of capital employed is: Best Division's actual cost of capital: Calculate the following: 277,000 323,000 12% 300,000 10% 1 2 3 4 5 6 Average operating assets Margin Turnover Return on Investment (ROI) Residual Income (RI) Economic Value Added (EVA)