Question: Question 2 ( 1 0 marks; 1 8 minutes ) Schulz GmbH , a German company, set an 1 8 % target rate of return

Question 2(10 marks; 18 minutes)
Schulz GmbH, a German company, set an 18% target rate of return for its US Division for 2022.
In 2022, the US Division generated R39000000 of revenue on average assets of R25000000. The Division's variable costs were 45% of sales, and fixed costs were R6750000.
Required:
2.1 Calculate the following:
a. Return on investment
b. Residual income
(2)
c. Margin
(2)
d. Asset turnover
(2)
 Question 2(10 marks; 18 minutes) Schulz GmbH, a German company, set

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