Question: PART A & B ARE BOTH WORTH 6 MARKS AND ARE NOT RELATED COMPANIES Part A LAURA Industries is a division of a major corporation.


PART A \& B ARE BOTH WORTH 6 MARKS AND ARE NOT RELATED COMPANIES Part A LAURA Industries is a division of a major corporation. Last year the division had total sales of $30 , 506 , 550 , net operating income of $4 , 484 , 463 , and average operating assets of $7 , 013 , 000 . The company's minimum required rate of return is 19% . Required: Round your answer to 2 decimal places.) a. What is the division's margin? b. What is the division's turnover? C. What is the division's return on investment (ROI)? PART B DALLAS Corporation has two major business segments--shoes and Accessories. Data concerning those segments for December appear below: Common fixed expenses totaled $286 , 000 and were allocated as follows: $94 , 000 to the Shoes business segment and $192 , 000 to the Accessories business segment. Required: Prepare a segmented income statement in the contribution format for the company
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