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Gaal Industries is a division of a major corporation, Last year the division had total sales of $24,600,000, net operating income of $5,043,000, and average
Gaal Industries is a division of a major corporation, Last year the division had total sales of $24,600,000, net operating income of $5,043,000, and average operating assets of $8,200,000. The company's minimum required rate of return is 12%. Required a. What is the division's margin? (Round your answer to 2 decimal places.) argin b. What is the division's tunover? (Round your answer to 2 decimal places.) unover c. What is the division's return on investment (ROI)? (Round your answer to 2 decimal places.) MacBook Air
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