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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 680, NI 61,200

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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 680, NI 61,200 612,00 Required: 1. Compute the margin percentage, turnover, and ROI for this division (Round your intermediate calculations to 2 decimal places Round "Morgin" answer to whole number and other answers to 2 decimal pinces) Margin percentage Tumover ROS 2. If management sets a minimum required rate of return on average operating assets of 8% What is the Rifor this division for the year? Plex 1 of 1 Next arch DEN

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