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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 $
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A Division B Division C Sales $ 12,000,000 $ 14,000.000 $ 25,000,000 Average operating assets $ 3.000.000 $ 7,000,000 $ 5.000.000 Net operating income $ 600.000 S 580.000 S 800.000 Minimum required rate of return 14% 10% 16% 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 1 decimal place.) Margin Turnover ROI 20.0 % Division A 96 times % times 8.0 % Division B Division C %6 times 16.0%
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