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Q3.Oraby Industries is a division of a major corporation. Last year the division had total sales of SAR 23,380,000, operating income of SAR 2,828,980, and

Q3.Oraby Industries is a division of a major corporation. Last year the division had total sales of SAR 23,380,000, operating income of SAR 2,828,980, and invested assets of SAR 10,000,000.

Required:

a. What is the division's profit margin?

b. What is the division's investment turnover?

c. What is the division's return on investment (ROI) using DuPont formula?

d. What is the residual income if investors require a minimum return of 20%?

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