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The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales Net operating income Average operating assets Stockholders' equity Residual income $ 870,000
The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales Net operating income Average operating assets Stockholders' equity Residual income $ 870,000 $ 57,000 $370,000 $ 87,000 $ 27,000 For the past year, the margin used in ROI calculations was: Multiple Choice O 6.55% O 9.22% O 10.00% 9.66%
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