The Reserve Division of Missabe Corp has average invested assets of $120,000,000. Sales revenue of $50,200,000 results in an operating income of $9,959,000. The hurdle rate is 5%.

a.	Calculate the return on investment. (Round your answer to 2 decimal places.

Return on investment

%

b.	Calculate the profit margin. (Round your answer to 2 decimal places.

Profit margin

%

c.	Calculate the investment turnover. (Round your answer to 4 decimal places.)

Investment turnover

d.	Calculate the residual income.

Residual income

$