Question: Data for Taylor Company. 1 . Sales = $ 8 0 0 , 0 0 0 , Operating Assets = $ 1 0 0 ,

Data for Taylor Company.
1. Sales = $800,000, Operating Assets = $100,000, Net Operating Income = $20,000.
a. Calculate margin, b. Calculate turnover, c. Calculate return on investment. SHOW WORK.
2. Operating assets = $500,000. Required minimum return on investment =10%. Net operating income = $53,000.
a. Calculate residual income. SHOW WORK.

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