Business, 07.04.2020 00:48 burnsmykala23

Gabbe Industries is a division of a major corporation. Last year the division had total sales of $23,510,300, net operating income of $2,562,623, and average operating assets of $7,018,000. The company's minimum required rate of return is 22%.
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)?

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Gabbe Industries is a division of a major corporation. Last year the division had total sales of $23...

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