Business, 13.07.2021 17:10, AaronEarlMerringer

Gabbe Industries is a division of a major corporation. Last year the division had total sales of $23,615,600, net operating income of $3,164,490, and average operating assets of $5,492,000. The company's minimum required rate of return is 19%. 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...