Sirius Components is a division of a large electronics conglomerate. The following financial data are from the last year of operations: • Sales: $12,500,000 Net Operating Income: $312,500 ⚫ Average Operating Assets: $3,200,000 Minimum Required Rate of Return: 15% What is the division's margin closest to?
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- What are division x's sales?Gabbe Industries is a division of a major corporation. Last year the division had total sales of $24,048,000, net operating income of $2,765,520, and average operating assets of $6,012,000. The company's minimum required rate of return is 17% Required: a. What is the division's margin? (Round your percentage answer to 2 decimal places.) b. What is the division's turnover? (Round your answer to 2 decimal places.) c. What is the division's return on investment (ROI)? (Round percentage your answer to 2 decimal places.) a. Margin b. Turnover c. Return on investment 96Gabbe Industries is a division of a major corporation. Last year the division had total sales of $33,667,200, net operating income of $4,679,741, and average operating assets of $7,014,000. The company's minimum required rate of return is 22%. Required: a. What is the division's margin? Note: Round your percentage answer to 2 decimal places. b. What is the division's turnover? Note: Round your answer to 2 decimal places. c. What is the division's return on investment (ROI)? Note: Round percentage your answer to 2 decimal places. a. Margin b. Turnover c. Return on investment
- Gabbe Industries is a division of a major corporation. Last year the division had total sales of $27,311,900, net operating income of $2,840,438, and average operating assets of $7,094,000. The company's minimum required rate of return is 15%. Required: a. What is the division's margin? (Round your percentage answer to 2 decimal places.) b. What is the division's turnover? (Round your answer to 2 decimal places.) c. What is the division's return on investment (ROI)? (Round percentage your answer to 2 decimal places.)What is the division's margin of this accounting question?What is the division's profit margin ratio
- Eacher Wares is a division of a major corporation. The following data are for the latest year of operations: Sales Net operating income Average operating assets The company's minimum required rate of return $14,720,000 $1,000,960 $4,000,000 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?Lee enterprises has the following segemnet dataEacher Wares is a division of a major corporation. The following data are for the latest year of operations: Sales 24,480,000 Net operating assets 1,000,960 average operatign assets 4,000,000 the company 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?
- Jacob Products is a division of a major corporation. Last year the division had total sales of P26,800,000, net operating income of P1,768,800, and average operating assets of P8,000,000. The company's minimum required rate of return is 12%. 1. The division's margin is closest to:A) 1% B) 6.6% C) 29.9% D) 36.5% 2. The division's turnover is closest to: A) 22 B) 2.74 C) 15.15 D) 3.35 3. The division's return on investment (ROI) is closest to: A) 0% B) 5.1% C) 22.1% D) 1.5% 4. The division's residual income is closest to: A) P 808,800 B) P 1,768,800 C) P (1,447,200) D) P 2,728,800 Help me. Show solutions, thank youEacher Wares 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% 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?What is division margin?