Question 4 (10 points) A Ontario Company has two divisions, the Domestic Division and the International Division Last year, the Domestic Division eamed operating income of $360,000 using average operating assets of $1,440,000. Sales for the Domestic Division were $3,600,000. Last year, the International Division earned operating income of $560,000 using average operating assets of $2,800,000. Sales for the International Division were $7,000,000. Required: For the International Division Calculate the following ratios 1. Margin Turnover m. Return on Investment 8. North Bay Company manufactures tents and sleeping bags. Tents are priced at $80, have variable costs of $55, and have direct fixed costs of $120,000. Sleeping bags are priced at $60, have variable costs of $35, and have direct fixed costs of $66,000. Common fixed costs equal $200,000. Last year, the division sold 5,000 tents and 10,000 sleeping bags. Required: 1. What was the segment margin for tents last year? 11. What was the segment margin for sleeping bags last year? 1. What was North Bay's s operating income last year