Selected sales and operating data for three divisions of different structural engineering firms are given as...
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Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Sales Average operating assets Net operating income. Minimum required rate of return Required: Division A $ 12,560,000 $ 3,140,000 $577,760 7.00% Division B $ 35,700,000 $ 7,140,000 $428,400 7.50% Division C $ 20,560,000 $ 5,140,000 1. Compute the margin, turnover, and return on investment (ROI) for each division. $ 555,120 10.80% Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Sales Average operating assets Net operating income. Minimum required rate of return Required: Division A $ 12,560,000 $ 3,140,000 $577,760 7.00% Division B $ 35,700,000 $ 7,140,000 $428,400 7.50% Division C $ 20,560,000 $ 5,140,000 1. Compute the margin, turnover, and return on investment (ROI) for each division. $ 555,120 10.80%
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