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The following information is available for Division A of True Company: (Profit) Margin and (Investment) Turnover of the division are: A. 7% and 20 ,

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The following information is available for Division A of True Company: (Profit) Margin and (Investment) Turnover of the division are: A. 7% and 20 , respectively. B. 5% and 3 , respectively. C. 3% and 20 , respectively D. 15% and 3 , respectively QUESTION 12 Use the information in the above question. The return on investment of the division is: A. 14% B. 18% C. 15% D. 24% QUESTION 13 Refer to the information given in Question 11. Residual income of the division is: A. $30,000 B. $18,000 C. $12,000 D. $33,000

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