Question 34 (3 points) Use this information for International Boot Division to answer the questions that follow. International Boot Division has income from operations of $80,000, investod assets of $500,000, and sales of $1,525,000 What is the investment turnover for International Boot Division? 16.0 3.05 0.33 27.5 Question 35 (3 points) Assume that divisional income from operations amounts to $215,000, and top management has established 15% as the minimum acceptable return on divisional assets totaling S1,000,000. The residual income for the division is $65,000 $215,000 $635.000 S150,000