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Jumbo Co. has three operating divisions with the following information for the most recent fiscal year. (6 marks) Jumbo Co. Division A B C Sales
- Jumbo Co. has three operating divisions with the following information for the most recent fiscal year. (6 marks) Jumbo Co.
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| Division | A | B | C |
| Sales | $ | 42,000,000 | 10,000,000 | 35,000,000 |
| Net operating income | $ | 2,100,000 | 600,000 | 2,450,000 |
| Average operating assets | $ | 8,400,000 | 6,666,667 | 8,750,000 |
Required: a. What is the margin for each division? (2 Marks)
b. What is the turnover for each division? (2 Marks)
c. What is the ROI for each division? (2 Marks)
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