Question: please answer all parts Last year a division had total sales of $23,615,600.net operating income of $3164,490, and average operating assets of $5.492.000 The company's
please answer all parts
Last year a division had total sales of $23,615,600.net operating income of $3164,490, and average operating assets of $5.492.000 The company's minimum required rate of return is 19% Required: a. What is the division's margin? (Round your percentage answer to 2 decimal places.) b. What is the division's turnover? (Round your answer to 2 decimal places.) c What is the division's return on investment (ROI? (Round percentage your answer to 2 decimal places.) a. Margin b. Turnover Return on investment
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