Question
Jeanne wants to compare the divisions in terms of margin, turnover, ROI, and Residual Income (RI). To get her started her assistant prepared some key
Jeanne wants to compare the divisions in terms of margin, turnover, ROI, and Residual Income (RI). To get her started her assistant prepared some key financial results below:
| Farmington | Milford | Albany | Sugarland | Long Beach |
Revenue | $600,000 | $425,000 | $374,000 | $300,000 | $700,000 |
Net operating income | $24,000 | $34,000 | $29,920 | $18,000 | $42,000 |
Average operating assets | $300,000 | $283,333 | $187,000 | $171,429 | $280,000 |
Stockholders equity | $255,000 | $240,833 | $158,950 | $145,714 | $238,000 |
Residual income (loss) | ($6,000) |
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Required: Answer each of the following questions associated with the information provided. In answering the numerical questions round your final answer to at least two decimal points. For example, a margin of 10.4115% would be 10.41%. A turnover of 3.3621 would be 3.36.
12. | Farmington Turnover is |
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13. | Milford Margin is |
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14. | Albany Margin is |
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15. | Sugarland Turnover is |
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16. | Long Beach Residual Income is |
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