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I UTIL Paragraph 2 1 3. 6 Styles 10 111 112 113 114 115 16 17 18 Ea Mary's Auto Shop Inc. allows its divisions
I UTIL Paragraph 2 1 3. 6 Styles 10 111 112 113 114 115 16 17 18 Ea Mary's Auto Shop Inc. allows its divisions to operate as autonomous units. Their results for the current year were as follows: Terrain City Revenues Sport $2,400,000 292.000 $997,000 Current assets 92.000 $6,660,000 622.000 1.590,000 500.000 870,000 660,000 100,000 100,000 Capital assets Current liabilities Net operating income After-tax income Weighted average cost of capital 230,000 40,000 600,000 184,000 32.000 480.000 10% 10% 10% Required: For each division compute (to two decimal) the: 1 Return on sales in % 2 Return on investment (to two decimal) based on total assets employed in % 3. Economic value added 4. Residual income based on net operating income Drac English United States search o
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