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Gaal Industries is a division of a major corporation. Last year the division had total sales of $19,293,750, net operating income of $2,267,016, and average
Gaal Industries is a division of a major corporation. Last year the division had total sales of $19,293,750, net operating income of $2,267,016, and average operating assets of $8,575,000. The company's minimum required rate return 20% Required: What is the division's margin? (Round your answer to 2 decimal places.) Division's Margin .What is the division's turnover? (Round your answer to 2 decimal places.) Division Tumover What is the division's return on investment (ROI)? (Round your answer 2 decimal places.) Retum on Investment (ROI)
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