Far Sight is a division of a major corporation. The following data are for the latest year of operations:
Sales $14,720,000
Net operating income $1,000,960
Average operating assets $4,000,000
The company's minimum required rate of return 14%
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?
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