RECOMMENDED!!Eban Wares is a division of a major corporation.

  

Managerial AccountingEban Wares is a division of a major corporation. The
following data are for the latest year of operations:Sales……………………………………………………………………..$10,890,000Net operating
income………………………………………………$609,840Average operating
assets………………………………………….$3,000,000The company’s minimum required rate of return…………16%Questions:What is the division’s margin?What is the division’s turnover?What is the division’s return on investment (ROI)?What is the division’s residual income?
What are the company’s Net Operating Expenses for the year?

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