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The Holmes Division recorded operating data as follows for the past year: Sales $200,000 Operating Income $25,000 Average Operating Assets $100,000 Shareholders' Equity $80,000 Residual
The Holmes Division recorded operating data as follows for the past year:
Sales | $200,000 |
Operating Income | $25,000 |
Average Operating Assets | $100,000 |
Shareholders' Equity | $80,000 |
Residual Income | $13,000 |
1.For the past year, what was the return on investment?
2.For the past year, what was the margin?
3.For the past year, what was the turnover?
4.For the past year, what was the minimum required rate of return?
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