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TB Problem Qu. 12-104 Gaal Industries is a division of a major... Gaal Industries is a division of a major corporation. Last year the division

TB Problem Qu. 12-104 Gaal Industries is a division of a major...

Gaal Industries is a division of a major corporation. Last year the division had total sales of $23,878,800, net operating income of $3,056,486, and average operating assets of $8,844,000. The company's minimum required rate of return is 18%.

Required:

a. What is the division's margin? (Round your 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 your answer to 2 decimal places.)

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