The Northern Division of Kenmost Company had income of $50,000,average assets of $350,000,and sales of $250,000.The minimum rate of return for Kenmost Company is 12%.
A. What is the margin for the Northern Division?
B. What is the turnover for the Northern Division?
C. What is the ROI for the Northern Division?
D. What is the residual income for the Northern Division?

Question

The Northern Division of Kenmost Company had income of $50,000,average assets of $350,000,and sales of $250,000.The minimum rate of return for Kenmost Company is 12%.
 A. What is the margin for the Northern Division?
B. What is the turnover for the Northern Division?
C. What is the ROI for the Northern Division?
D. What is the residual income for the Northern Division?

Quizplus · Accepted Answer

The Answer of The Northern Division of Kenmost Company had income of $50,000,average assets of $350,000,and sales of $250,000.The minimum rate of return for Kenmost Company is 12%.
 A. What is the margin for the Northern Division?
B. What is the turnover for the Northern Division?
C. What is the ROI for the Northern Division?
D. What is the residual income for the Northern Division?

The Northern Division of Kenmost Company Had Income of $50,000,average