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Exercise 6 (10 points) The Magnetic Imaging Division of Medical Diagnostics, Inc., has reported the following results for last year's operations: Sales Net operating

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Exercise 6 (10 points) The Magnetic Imaging Division of Medical Diagnostics, Inc., has reported the following results for last year's operations: Sales Net operating income. Average operating assets $29 million $4 million $12 million a. Compute the Magnetic Imaging Division's margin, turnover, and ROI. b. Top management of Medical Diagnostics, Inc., has set a minimum required rate of return on average operating assets of 22%. What is the Magnetic Imaging Division's residual income for the year?

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