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please help ROI: RI Schulz GmbH, a German company, set an 18 percent target rate of return for its U.5. division for the year. The
please help ROI: RI Schulz GmbH, a German company, set an 18 percent target rate of return for its U.5. division for the year. The US. division generated $23,400,000 of annual revenue on averag assets of $15,000,000. The division's vanable costs were 45 percent of sales, and foxed costs were 56,750,000. Compute the following items for the U.S, division: a. ROI Note: Round percentage to one decimal point (i.e round 4.555% to 4.6%. % b. Residual income: 5 c. Profitmargin Note: Plound percentage to one decimal point (i.e. round 4.555% to 4.6% ) os d. Asset turnover Note: Round arnount to one decimal point fie, round 4.555 to 4,6 )
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