TB Problem Qu. 11-160 Gabbe Industries Is a division of a major... Gabbe Industries is a division of a major corporation. Last year the division had total sales of $31,098,000, net operating income o $4,509,210, and average operating assets of $8,760,000. The company's minimum required rate of return is 20% Required: a. What is the division's margin? (Round your percentage answer to 2 decimal places.) b. What is the division's turnover? (Round your answer to 2 decimal places.) c. What is the division's return on investment (ROI)? (Round percentage your answer to 2 decimal places.) a. Margin b. Tumover C Return on investment TB Problem Qu. 11-173 The Casket Division of Saal Corporation... The Casket Division of Saal Corporation had average operating assets of $1,030,000 and net operating income of $215,200 in January. The company uses residual income to evaluate the performance of its divisions, with a minimum required rate of return of 13%. Required: What was the Casket Division's residual income in January? Residual income