Chapter 11, Problem 9E

To determine

Calculating Margin, Turnover, Return of Income for Division and Residual Income: In order to find the performance of a department, Parameters such as Margin, Turnover and return of income are used- Margin: This is a ratio of Net Income to Sales, Turnover: This is a Ratio of Sales to Assets and Return of Income: This is a Ratio of Net Income to Assets. Residual Income is excess profit earned over minimum required return.

Missing Details of Sales, Net operating income, average assets, Margin, Turnover, Return of Income and Residual Income