Question no. 4: (8 Marks) ASO is a division of a major corporation. The following data are for the latest year of operations Sales $18,200,000 Net operating income $1.500,050 Average operating assets $4,600,000 The company's minimum required rate of return 14% Required: (1 mark) a. What is the division's margin? (I mark) b. What is the division's turnover? 2 marks) c. What is the division's return on investment (ROI) d. What is the division's residual income? (2 marks) e. Explain the common criticisms of ROI; and state why the residual income may be a better indicator than the ROI (2 marks)