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Eacher Wares is a division of a major corporation. The following data are for the latest...

Eacher Wares is a division of a major corporation. The following data are for the latest year of operations:

Eacher 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? (Enter your answer rounded to 2 decimal places.)

b. What is the division's turnover? (Enter your answer rounded to 2 decimal places.)

c. What is the division's return on investment (ROI)? (Enter your answer rounded to 3 decimal places.)

d. What is the division's residual income?
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