Question 2 2 (TCO G) Esh Wares is a division of a major corporation The following data are for the latest year of operations Sales Net $50,000,000 Operating Income $3,200,00 Average Operating Assets $10,000,000 The companys minimum required rate of return 15 Required i What is the division's margin ii What is the division's turnover iii What is the division's ROI iv What is the division's residual income (Points 15)

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Question 2. 2. (TCO G) Esh Wares is a division of a major corporation. The following data are for the latest year of operations. Sales

Question 2. 2. (TCO G) Esh Wares is a division of a major corporation. The following data are for the latest year of operations.

Sales Net	$50,000,000
Operating Income	$3,200,00
Average Operating Assets	$10,000,000
The companys minimum required rate of return	15%

Required: i. What is the division's margin? ii. What is the division's turnover? iii. What is the division's ROI? iv. What is the division's residual income? (Points : 15)

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