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Eber Wares is a division of a major corporation. The following data are for the latest year of operations: Sales $30,000,000 Net operating income $1,170,000

Eber Wares is a division of a major corporation. The following data are for the latest year of operations:

Sales $30,000,000

Net operating income $1,170,000

Average operating assets $8,000,000

The company's minimum required rate of return 18%

. i. What is the division's margin?

ii. What is the division's turnover?

iii. What is the division's return on investment (ROI)?

iv. What is the division's residual income?

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