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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 X Division Y Division Z $ 1,027,000 122,900 584,000 Revenues Operating income Operating assets Margin Turnover ROI Residual income $ 105,500 $ 344,400 16.00 % turn(s) 2.00 turn(s) 2.00 turn(s) 26,330
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