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What is the divisions turnover and divisions margin

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Reference no: EM13789273

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

Sales      $24,900,000

Net operating income    $1,319,700

Average operating assets             $6,000,000

The company's minimum required rate of return              12%

Required:

a. What is the division's margin?

b. What is the division's turnover?

c. What is the division's return on investment (ROI)?

d. What is the division's residual income?

Reference no: EM13789273

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