Question 4 (10 points) Ontario Company has two divisions, the Domestic Division and the International Division Last year, the Domestic Division earned operating income of $360,000 using average operating assets of $1,440,000. Sales for the Domestic Division were $3,600,000. Last year, the International Division earned operating income of $560,000 using average operating assets of $2,800,000. Sales for the International Division were $7,000,000 Required: For the Domestic Division Calculate the following ratios Margin Tumover Return on investment North Bay Company manufactures tents and sleeping bags. Tents are priced at $80, have variable costs of $55, and have direct fixed costs of $120,000 Sleeping bags are priced at 560, have variable costs of $35, and have direct fixed costs of $66,000. Common fixed costs equal $200,000. Last year, the division sold 5,000 tents and 10,000 sleeping bags. Required Who was the sent margin for tents last year? What was the segment margin for sleeping bags last year? - What was North Bay's s operating income last year? Paragraph BIVA ... MacBook Air So 888 $ 3 1 : 4 % 5 @ & 6 0) 7 00 8 9 C 9 E 20 T