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?