The Central Division of Burlington Company reported the following operating data for the past year: Sales $600,000 Average operating assets 300,000 Stockholders' equity 240,000 75,000 Net operating income Residual income 39,000 Compute for the following: 1. Margin 2. Turnover 3. ROI 4. Minimum Required Return

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Answer the part 4 only
The Central Division of Burlington Company reported the following operating data for the past year:
Sales
$600,000
300,000
240,000
Average operating assets
Stockholders' equity
Net operating income
Residual income
75,000
39,000
Compute for the following:
1. Margin
2. Turnover
3. ROI
4. Minimum Required Return
Transcribed Image Text:The Central Division of Burlington Company reported the following operating data for the past year: Sales $600,000 300,000 240,000 Average operating assets Stockholders' equity Net operating income Residual income 75,000 39,000 Compute for the following: 1. Margin 2. Turnover 3. ROI 4. Minimum Required Return
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