Required Resources. * M Inbox (133,125) - mickle13 X agenow.com/ilrn/takeAssignment/takeAssignment Main.do?invoker=&takeAssignmentSessionLocator-&inprogress-false Calculator Divisional Income Statements ER For the Year Ending December 31, 2013 Division A Division B Sales Revenue $2,352,000 $1,356,000 Operating expenses (1,387,680) (1,017,000) Operating income before service department charges $964,320 $339,000 Service department charges (470,400) (40,680) Operating income $493,920 $298,320 Division C $906,200 (480,286) $425,914 (335,294) $90,620 Additional financial data from the three divisions of the McLaren Company are shown. Division A Division B $678,000 Division C $460,000 Invested assets $1,120,000 Calculate the return on investment for each division. If required, round the ROI to the nearest hundredth of a percent (for example, 16.943% would be round Division A Division B Division C Return on investment Margin and Turnover One way to analyze the difference in return on investment for each division is to separate the return on investment formula into two calculations: margin and operating income and sales. It measures the profit earned for each dollar of sales, which is a measure of operating profitability Turnover shows the measures how many dolls of sales result from each dollar of invested assets, which is a measure of operating efficiency v The formulas for margin and turnover are: con Check My Work All work saved