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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 Revenues $ $ Division X 1,067,000 122,000 593,200 % $ 95,000 $ Operating income Operating assets Margin Turnover ROI $ 291,700 12.00 % % turn(s) 2.00 turn(s) 2.00 turn(s) % % % Residual income $ 37,420
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