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Planters Corp is a division of a major corporation. The following data are for the latest year of operations: Sales................................................................................ $35,000,000 Net operating income..................................................... $1,500,000

Planters Corp is a division of a major corporation. The following data are for the latest year of operations:

Sales................................................................................

$35,000,000

Net operating income.....................................................

$1,500,000

Average operating assets................................................

$8,000,000

The companys minimum required rate of return..........

14%

  1. What is the division's margin?
  1. What is the division's turnover?
  1. What is the division's return on investment (ROI)?
  1. What is the division's residual income?

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