(Answered) 2 esh wares is a division of a major corporation the

Accounting

2. Esh Wares is a division of a major corporation. The following data are for the latest year of operations.

Sales Net	$50,000,000
Operating Income	$3,200,00
Average Operating Assets	$10,000,000
The company's minimum required rate of return	15%

Required:

i. What is the division's margin?

ii. What is the division's turnover?

iii. What is the division's ROI?

iv. What is the division's residual income?

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