Guerlane Fragrance Corporation has a perfume division, Essense, and a cologne division, Karisma. The following information relates to last year's operations at Essense: Sales $360,000 Total assets $120,000 Return on investment (ROI) 20% Residual income $6,000 Calculate Profit Margin.

Guerlane Fragrance Corporation has a perfume division, Essense, and a cologne division, Karisma. The following information relates to last year's operations at Essense: Sales $360,000 Total assets $120,000 Return on investment (ROI) 20% Residual income $6,000 Calculate Minimum required rate of return

Guerlane Fragrance Corporation has a perfume division, Essense, and a cologne division, Karisma. The following information relates to last year's operations at Karisma: Net operating income $10,000 Profit Margin 5% Investment Turnover 2.5 Minimum required rate of return 15% Calculate Total Assets.

Guerlane Fragrance Corporation has a perfume division, Essense, and a cologne division, Karisma. The following information relates to last year's operations at Karisma: Net operating income $10,000 Profit Margin 5% Investment Turnover 2.5 Minimum required rate of return 15% Calculate Residual income and is Karisma division meeting Guerlane Fragrance Corporation's required rate of return.