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Exercise 10-11 Your answer is partially correct. Try again Pronghorn, Inc., reported the following results for last year. Net operating income Sales revenue Average operating
Exercise 10-11 Your answer is partially correct. Try again Pronghorn, Inc., reported the following results for last year. Net operating income Sales revenue Average operating assets Liles Division $109,000 600,000 1,049,000 Marston Division $53,300 150,000 300,000 Outland Division $282,000 1,200,000 1,509,000 (a) Calculate margin for each division. (Round answers to 1 decimal place, eg, 5.1%.) Margin Liles Marston Outland Which division generates the highest margin? Marston (b) Calculate ROI for each division. (Round answers to 1 decimal place, e.g. 5.1%.) Return on Investment Liles Marston Outland If the divisions are evaluated based on return on investment, which division is doing the best job? Outland Click if you would like to Show Work for this question: Open Show Wo
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