Use this information for Mason Corporation to answer the question that follow.

Mason Corporation had $1,032,000 in invested assets, sales of $1,216,000, income from operations amounting to $207,000, and a desired minimum return of 13%.

Round your answer to two decimal places.

The investment turnover for Mason Corporation is

a.0.94

b.1.18

c.1.77

d.1.41

Use this information for Mason Corporation to answer the question that follow.

Mason Corporation had $1,102,000 in invested assets, sales of $1,281,000, income from operations amounting to $237,000, and a desired minimum return of 12%.

Round the percentage to one decimal place.

The profit margin for Mason Corporation is

a.12.0%

b.86.0%

c.18.5%

d.21.5%

The Central Division of Chemical Company has a return on investment of 30% and an investment turnover of 2.33. What is the profit margin? Round the percentage to two decimal places.

a.19.31%

b.12.88%

c.15.45%

d.10.30%

Assume that Division Blue has achieved a yearly income from operations of $159,000 using $905,000 of invested assets. If management has set a minimum acceptable return of 8%, the residual income is

a.$159,000

b.$69,280

c.$103,920

d.$86,600