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Romano Corporation has three operating divisions and requires a 13% return on all investments. Selected information is presented here: Required Calculate the missing amounts for
Romano Corporation has three operating divisions and requires a 13% 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 $ 1,022,000 Revenues Operating income$ 122,400 Operating assets $ 455,900 Margin Turnover ROI Residual income $ 95,200 $ 317,500 15.00 | % 1.00 turn(s) turn(s) 3.00 turn(s) $39,630
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