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Question 34 1 pts Our company reported the following financial numbers for one of its divisions for the year; average total assets of $5,800,000; sales
Question 34 1 pts Our company reported the following financial numbers for one of its divisions for the year; average total assets of $5,800,000; sales of $5,375,000; cost of goods sold of $3,225,000; and operating expenses of $1,147,000. Assume a target income of 15% of average invested assets. Compute residual income for the division: o $150,450. o $196,750. o $150,500. $133,000. $100,300 > Question 35 1 pts Our company reported the following financial numbers for one of its divisions for the year; average total assets of $5,800,000; sales of $5,375,000; cost of goods sold of $3,225,000; and operating expenses of $1,147,000. Assume a target income of 15% of average invested assets. Compute the division profit margin: O 60.0%. O 15.0%. 18.7%. 40.0%. O 17.3%
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