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? (1 mark) b. What is the division's turnover? (2 marks) c. What is the division's return on investment (ROI)? (2 marks) d. What is the division's residual income? Explain the common criticisms of ROI; and state why residual income may be a better indicator than the ROI. e. (2 marks)