Question: Stormatrix is a software company that develops games for popular mobile devices. Selected data for two of their most successful apps (Slime Taster 4 and

Stormatrix is a software company that develops games for popular mobile devices. Selected data for two of their most successful apps (Slime Taster 4 and Tilly Tally - The Sequal) are listed below.

Slime Taster 4

Tilly Tally - The Sequal

Total

Sales

$25,000,000

$43,000,000

$68,000,000

Operating Income

$1,200,000

$2,600,000

$3,800,000

Average Operating Assets

$3,000,000

$4,500,000

$7,500,000

Required Rate of Return

22%

22%

For both complete the following:

  1. The Margin 2 marks
  2. The Turnover 2 marks
  3. The Return on Investment 2 marks
  4. The Residual Income 2 marks

Make sure to show ALL work and round your final answers to 2 decimal points correctly.

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