Eber wares is a division of a major corporation the, Ask an Expert

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

Sales $30,000,000
Net Operating income $1,170,000
Average operating assets $8,000,000

The company's minimum required rate of return 18%

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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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91643508

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