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urge t One division of a company has reported the following operating results for the year just ended: Sales Operating income Average operating assets $

urge t
One division of a company has reported the following operating results for the year just ended: Sales Operating income Average operating assets $ 840,000 84,000 336,000 Required: 1. Compute the margin percentage, turnover, and ROI for this division. (Round your intermediate calculations to 2 decimal places. Round "Margin" answer to whole number and other answers to 2 decimal places.) Margin percentage Turnover ROI % 2. If management sets a minimum required rate of return on average operating assets of 18%, what is the RI for this division for the year? RI

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