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Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A Division B Division C Sales $6,400,000
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A Division B Division C Sales $6,400,000 $10,400,000 $9,500,000 Average operating assets $1,600,000 5,200,000 $2,375,000 Net operating income 352,000 988.000 261,250 18.00% 15.00% Minimum required rate of return 9.00% Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. (Round your answers to 2 decimal places.) ROI Margin Turnover Division A Division B Division C
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