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The Southern Division of Jenkins Company had income of $48,300, average assets of $345,000, and sales of $241,500. The minimum rate of return for Jenkins
The Southern Division of Jenkins Company had income of $48,300, average assets of $345,000, and sales of $241,500. The minimum rate of return for Jenkins Company is 12%. If required, round your answers to one decimal place. A. What is the margin for the Southern Division? % B. What is the turnover for the Southern Division? C. What is the ROI for the Southern Division? % D. What is the residual income for the Southern Division? $
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