Knied Emal Exam (Ch 11.13&14) Help Save & Gabbe Industries is a division of a major...
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Knied Emal Exam (Ch 11.13&14) Help Save & Gabbe Industries is a division of a major corporation. Last year the division had total sales of $23,826,400, net operating income of $2.835,342, and average operating assets of $9,164,000. The company's minimum required rate of return is 19% Required: a. What is the division's margin? (Round your percentage answer to 2 decimal places.) b. What is the division's turnover? (Round your answer to 2 decimal places.) What is the division's return on investment (ROI)? (Round percentage your answer to 2 decimal places.) a. Margin b. Turnover c. Return on investment 11.00 % 2.60 14.00 % Next ar Knied Emal Exam (Ch 11.13&14) Help Save & Gabbe Industries is a division of a major corporation. Last year the division had total sales of $23,826,400, net operating income of $2.835,342, and average operating assets of $9,164,000. The company's minimum required rate of return is 19% Required: a. What is the division's margin? (Round your percentage answer to 2 decimal places.) b. What is the division's turnover? (Round your answer to 2 decimal places.) What is the division's return on investment (ROI)? (Round percentage your answer to 2 decimal places.) a. Margin b. Turnover c. Return on investment 11.00 % 2.60 14.00 % Next ar
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