ROI; RI Schulz GmbH, a German company, set an 18 percent target rate of return for its U.S. division for the year. The U.S. division generated $35,100,000 of annual revenue on average assets of $22,500,000. The divisions variable costs were 45 percent of sales, and fixed costs were $6,750,000. Compute the following items for the U.S. division: a. ROI Note: Round percentage to one decimal point (i.e. round 4.555% to 4.6%). Answer

% b. Residual income: $Answer

c. Profit margin Note: Round percentage to one decimal point (i.e. round 4.555% to 4.6%). Answer

% d. Asset turnover Note: Round amount to one decimal point (i.e. round 4.555 to 4.6).