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Romano Corporation has three operating divisions and requires a 10% return on all investments. Selected information is presented here: Required: Calculate the missing amounts for
Romano Corporation has three operating divisions and requires a 10% return on all investments. Selected information is presented here: Required: Calculate the missing amounts for each division. (Do not round intermediate calculations. Round "Margin", "Turnover" and "ROI" to 2 decimal places.) Division Y Division Z $ $ $ 89,400 $ Division X 1,086,000 112,700 509,000 % turn(s) % Revenues Operating income Operating assets Margin Turnover ROI Residual income $ 315,400 12.00% 1.00 turn(s) % 3.00 turn(s) % % $ 37,170
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