Professor Industries is a division of a major corporation. Last year the division had total sales of $23,510,300, net operating income of $2,562,623, and average operating assets of $7,018,000. The company's minimum required rate of return is 22%.
Required:
a. What is the division's margin? (Round your percentage answer to 2 decimal places.)
b. What is the division's turnover? (Round your answer to 2 decimal places.)
c. What is the division's return on investment (ROI)? (Round percentage your answer to 2 decimal places.)