Question: Question 34 (3 points) Use this information for International Boot Division to answer the questions that follow. International Boot Division has income from operations of

Question 34 (3 points) Use this information for International Boot Division to answer the questions that follow. International Boot Division has income from operations of $80,000, investod assets of $500,000, and sales of $1,525,000 What is the investment turnover for International Boot Division? 16.0 3.05 0.33 27.5 Question 35 (3 points) Assume that divisional income from operations amounts to $215,000, and top management has established 15% as the minimum acceptable return on divisional assets totaling S1,000,000. The residual income for the division is $65,000 $215,000 $635.000 S150,000

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