Session 10 Chapter 9 Homework 3

Selected sales and operating data for three divisions of different structural engineering firms are given as follows:

Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A Division B $5,500,000 9,500,000 $8,600,000 $1,100,000 $4,750,000 $1,720,000 $ 253,000 817,000 159,100 Division C Sales Average operating assets Net operating income Minimum required rate of return 15.00% 17.20% 12.00% Required 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. (Round your Turnover answers to 2 decimal places. Round your Margin and ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) Margin Turnover RO Division A Division B Division C 0 0 0 0 0 0 0 0 0 0