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Romano Corporation has three operating divisions and requires a 14% return on all investments. Selected information is presented here: Required: Calculate the missing amounts for
Romano Corporation has three operating divisions and requires a 14% 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 $ $ 90,200 $ $ Division X 957,000 137,300 471,300 % turn(s) % Revenues Operating income Operating assets Margin Turnover ROI Residual income $ 296,800 16.00 % 3.00 turn(s) % % 1.00 turn(s) % 33,110 $
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