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One division of a company has reported the following operating results for the year just ended Sales Operating income Average operating assets $ 730, eee

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One division of a company has reported the following operating results for the year just ended Sales Operating income Average operating assets $ 730, eee 36,500 292,000 Required: 1. Compute the margin percentage. turnover, and ROI for this division. (Round your Intermediate calculations to 2 decimal places. Round "Margin" answer to whole number and other answers to 2 decimal places.) Margin percentage Turnover ROI 23 2. If management sets a minimum required rate of return on average operating assets of 10%, what is the RI for this division for the year? RI

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