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QUESTION
Wares is a division of a major corp. The following data are for the latest year of operations:
Wares is a division of a major corp. The following data are for the latest year of operations:$30,000,000$1,170,000$8,000,000The Company's minimum required rate of return 18%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)?D) What is the division's residual Income?
