Selected sales and operating data for three divisions of different structural engineering firms are given as follows:
Sales
Average operating assets
Net operating income
Minimum required rate of return
Required:
Division A
$ 12,600,000
$ 3,150,000
$ 516,600
9.00%
Division B
$ 35,750,000
$ 7,150,000
$ 572,000
9.50%
Division C
$ 20,600,000
$ 5,150,000
$ 597,400
11.60%
1. Compute the margin, turnover, and return on investment (ROI) for each division.