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Selected sales and operating data for three divisions of three different companies are given below: Division A Division B $7,000,000 $11,000,000 $10,100,000 $1,750,000 S 5,500,000
Selected sales and operating data for three divisions of three different companies are given below: Division A Division B $7,000,000 $11,000,000 $10,100,000 $1,750,000 S 5,500,000 2,525,000 $ 427,000 1,111,000 $ 338,350 Division C Sales Average operating assets Net operating income inimum required rate of return 20.00% 20.20% 17.00% Required 1. Compute the return on investment (ROI) for each division, using the formula stated in terms of margin and turnover. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Margin Turnover ROI Division A Division B Division C
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