(TCO G) Ash Wares is a division of a major corporation. The following data are for the latest year of operations.

Sales	$38,000,000
Net Operating Income	$2,800,000
Average Operating Assets	$15,000,000
The company's minimum required rate of return	20%

Required:

i. What is the division's margin?

ii. What is the division's turnover?

iii. What is the division's ROI?

iv. What is the division's residual income?(Points : 15)