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Romano Corporation has three operating divisions and requires a 11% return on all investments. Selected information is presented here: Required: Calculate the missing amounts for
Romano Corporation has three operating divisions and requires a 11% 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 X Division Y Division Z Revenues $ $ 1,071,000 110,900 564,100 $ 97,800 $ $ Operating income Operating assets Margin Turnover % % 312,500 13.00 % 2.00 turn(s) % 2.00 turn(s) turn(s) % ROI % Residual income $ 25,920
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