Question
imjob Co. has two operating divisions with the following information for the most recent fiscal year 4 Total sales Net operating income Average operating
imjob Co. has two operating divisions with the following information for the most recent fiscal year 4 Total sales Net operating income Average operating assets Division A $17,000,000 $600,000 $3,000,000 Division B $14,000,000 $560,000 $7,000,000 The minimum rate of return set by company management is 15% Compute the ROI of each division stated in terms of margin and turnover. Round to one decimal place. Which division appears to be doing well and why? (6 marks) 7 8 9 TO 11 Required: 12 33 14 15 16 17 Margin 18 9 . C Turnover Answer Sheet New Division A Division B TOSHIBA
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