Question
good day, kindly, answer the below question with an explanation for each step. Q.Oraby Industries is a division of a major corporation. Last year the
good day,
kindly, answer the below question with an explanation for each step.
Q.Oraby Industries is a division of a major corporation. Last year the division had total sales of SAR 23,380,000, operating income of SAR 2,828,980, and invested assets of SAR 10,000,000.
Required:
a. What is the division's profit margin?
b. What is the division's investment turnover?
c. What is the division's return on investment (ROI) using DuPont formula?
d. What is the residual income if investors require a minimum return of 20%?
Thank you in advance for not copying other's answers. << important
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