Financials Education Sites Med Disposal Travel Sites Social Food Recipies Music Stuff Sports Online Bills Colton Jones: Attempt 1 Time Left:1:59:06 Previous Page Next Page Page 13 of 13 Question 13 (20 points) The Clipper Corporation had net operating income of $380,000, sales of $1,000,000, and average operating assets of $2,000,000. The corporation requires a return on investment of 18%. 1. Calculate the company's return on investment (ROI) 2. Calculate the company's margin 3. Calculate the company's turnover. 4. Calculate the company's residual income (RI) 5. Clipper Corporation is considering an investment of $70,000 in a project that will generate annual net operating income of $12.950. If the manager is evaluated based on residual income, will the division manager be inclined to request funds to make this investment? What is the residual income generated by this investment? A/ Page 13 of 13 Ne Pa Previous Page Ho F11 F12 F10 F9 F7 F6 F5 F4 &