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One division of a company has reported the following operating results for the year just ended: 15 Sales Operating income Average operating assets $ 730,000
One division of a company has reported the following operating results for the year just ended: 15 Sales Operating income Average operating assets $ 730,000 36,500 292,000 02:12:52 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 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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