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QUESTION
The Hydride Division of Murdoch Corporation is an investment center. It has $1,000,000 of operating assets.
9. The Hydride Division of Murdoch Corporation is an investment center. It has $1,000,000 of operating assets. During 2015, the Hydride Division earned operating income of $400,000 on $6,000,000 of sales. Murdoch's companywide return on investment or desired rate of return is approximately 10% SHOW WORK FOR CREDIT!
a. What is the ROI?______________________
b. What is the margin? ____________________
c. What is the turnover? _____________________
d. What is the residual income? _______________
