U Best Division's earned operating income last year was as follows: Sales $ Cost of goods sold Gross Margin Selling and administrative exp Operating Income Income Taxes (@30%) Net Income 480,000 (222,222) 257,778 (210,000) 48,000 14,400 33,600 At the end of the year, the value of operating assets: At the beginning of the year, the value of operating assets: 277,000 323,000 - Best Division's required rate of return for all divisions: Best's Division's total cost of capital employed is: 3 Best Division's actual cost of capital: 12% 300,000 10% 1 3 Calculate the following: 1 Average operating assets 2 Margin 3 Turnover 4 Return on Investment (ROI) 5 Residual Income (RI) Economic Value Added (EVA) 4 5 7 B 9