past year: IA- The Central Division of Burlington Company reported the following operating data for the (3 marks) Sales $600,000 Average operating assets 300,000 Stockholders' equity 240,000 Net operating income 75,000 Residual income 39,000 What was the division's margin? (2 marks) IB- The Pacific Division reported the following results for the previous quarter. Sales Revenues Cost of Goods Sold Gross Margin Selling and administrative expenses Operating income S560,000 (400,000) 160,000 100,000 60,000 Operating assets at the beginning of the quarter were $240,000; at the end of the quarter, they were $300,000. The company requires a minimum rate of return of 13%. What was the division's turnover