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Gilde 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
Gilde 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 of return is 20% Required a, what is the division's margin? (Round your answer to 2 decimal places. Omit the"%" sign in your response.) Margin b. What is the division's turnover? (Round your answer to 2 decimal places.) Turnover c. What is the division's return on investment (ROI)? (Round you intermediate calculations and final answers to 2 decimal places. Omit the-%" sign in your response.) Return on investment Type here to search
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