Time remaining: 2:52:36 1. value: 2.50 points Compute the return on investment (

Question

Time remaining: 2:52:36  

1.

value:
2.50 points

Compute the return on investment (ROI) for each division, using the formula stated in terms of margin and turnover. (Do not round intermediate calculations. Round your answers to 2 decimal places. Omit the "%" sign in your response.)

Compute the residual income for each division. (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)

Selected sales and operating data for three divisions of three different companies are given below:

Explanation / Answer

Selected sales and operating data for three divisions of three different companies are given below:

Compute the return on investment (ROI) for each division, using the formula stated in terms of margin and turnover. (Do not round intermediate calculations. Round your answers to 2 decimal places. Omit the "%" sign in your response.)

Compute the residual income for each division. (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)

Division A Division B Division C   Sales $ 7,400,000 $ 11,400,000 $ 10,500,000   Average operating assets $ 1,480,000 $ 2,850,000 $ 2,100,000   Net operating income $ 481,000 $ 1,197,000 $ 393,750   Minimum required rate of return 28 % 42 % 25 %

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