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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 $ 7,100,000 $11,100,000 $10,200,000 Average operating assets $1,420,000 $2,775,000 $ 2,040,000 Net operating income $ 440,200 $ 1,132,200 $ 351,900 % Minimum required rate of return 25.00% 40.80% 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 ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) Margin Turnover ROI Division A % % Division B % % Division C % %
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