Jordan Shoe Company provided the following information about the fiscal year ending December 31, 2022.

Sales Revenue $1,200,000

Less, Variable expenses 480,000

Contribution Margin $ 720,000

Less, Fixed expenses 504,000

Operating Income _$216,000

On January 1, 2022, the company had $800,000 in operating assets and during the year the company purchased an additional $200,000 of operating assets.

Required:

A). Calculate the Margin and Turnover for the company for 2022.

B). Calculate the ROI using results from (A) above and using the alternative method.

C). If Jordan expects a minimum required rate of return of 15 percent, calculate the Residual Income.