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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% |
- What is the division's margin?
- What is the division's turnover?
- What is the division's return on investment (ROI)?
- What is the division's residual income?
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