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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 $780,000 $
The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales Net operating income Average operating assets Stockholders' equity Residual income $780,000 $ 48,000 $280,000 $ 78,000 $ 18,000 For the past year, the margin used in ROI calculations was: 8.46% O 6.15% 8.82% O 10.00%
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