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The Carolina Company has two operating divisions: North and South. The following information was collected from its financial statements. North South Operating Income 15,375 9160

The Carolina Company has two operating divisions: North and South. The following information was collected from its financial statements.

North South

  • Operating Income 15,375 9160
  • Sales 90100 128,445
  • Average Operating Assets 47,620 37,690
Required: Compute the following ratios for each division: a. profit margin b. asset turnover c. return on investment (ROI)
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