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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 $7,100,000 $11,100,000
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A Division B Division C $7,100,000 $11,100,000 $10,200,000 Sales $1,420,000 2,775,000 2,040,000 Average operating assets 440,200 1,132,200 351,900 Net operating income 40.80% Minimum required rate of return 25.00% 22.00% Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. (Round your Turnover answers to 2 decimal places. Round your Margin and Rol percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROI Margin Turnover Division A Division B Division C
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