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Egret Paints is a national paint manufacturer and retailec. The company is segmented into five divisions: Paint Stores foranded retail tocationsi), Consumer (paint sold two
Egret Paints is a national paint manufacturer and retailec. The company is segmented into five divisions: Paint Stores foranded retail tocationsi), Consumer (paint sold two targest divisions: Paint Stores and Consumer: Management has specified a 19% target rate of return. 1. Calculate each divisions RO1. Round all of your answers to four decimal places. For example, if your raw answer is 4355 , then express the answer as 43.55%. 2. Calculate each division's profit margin ratio. Interpret your results. 3. Caiculate each division's asset turnover ratio. Interpret your results. 4. Describe some of the factors that management considers when setting its minimum target rate of return
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