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Eckels Wares is a division of a major corporation. the following data are for the latest years of operations: sales / $24,900,000 net operating income
Eckels Wares is a division of a major corporation. the following data are for the latest years of operations:
sales / $24,900,000
net operating income / $1,319,700
average operating assets / $6,000,000
the companys minimum required rate of return / 12%
a. what is the division's margin?
b. what is the division's turnovers?
c. what is the division's return on investment (ROI)?
d.what is the division's residual income?
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