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The Marine Division of Pacific Corporation has average invested assets of $ 1 2 0 , 0 0 0 , 0 0 0 . Sales

The Marine Division of Pacific Corporation has average invested assets of $

120, 000, 000 .

Sales revenue of $

50, 220, 000

results in net operating income of $

9, 971, 000 .

The hurdle rate is

4 % .

Required

.

Calculate the return on investment.

.

Calculate the profit margin.

.

Calculate the investment turnover.

.

Calculate the residual income.

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