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Our company reported the following financial numbers for one of its divisions for the year; average total assets of $5,800,000; sales of $5,375,000; cost of

Our company reported the following financial numbers for one of its divisions for the year; average total assets of $5,800,000; sales of $5,375,000; cost of goods sold of $3,225,000; and operating expenses of $1,147,000. Assume a target income of 15% of average invested assets.

Compute residual income for the division:

[ Select ] ["$150,450", "$196,750", "$150,500", "$133,000", "$100,300"]

Compute the division profit margin:

[ Select ] ["60.0%", "15.0%", "18.7%", "40.0%", "17.3%"]

The investment turnover is:

[ Select ] ["5.36", "5.78", "0.93", "1.08", "2.50"]

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