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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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