The Marine Division of Pacific Corp. has average invested assets

of $$110,000,000.$ Sales revenue of $$50,300,000$ results in an

operating income of $$9,960,000.$ The hurdle rate is $5\%.$

a$.$Calculate the return on

investment.$($Round your answer to $2$ decimal

places.$)$

b$.$Calculate the profit

margin.$($Round your answer to $2$ decimal

places.$)$

c$.$Calculate the investment

turnover.$($Round your answer to $4$ decimal

places.$)$

d$.$Calculate the residual income.$$