Oil Division
The Oil Division is one of the operating units of Automotive Solutions,Inc.The following operating data of the division is presented below:
$\begin{array}{ll}
\text { Sales } & \$ 3,000,00 \
\text { Profit margin } & 10 \% \
\text { Target return } & 15 \% \
\text { Residual income } & \$ 60,000
\end{array}$

Refer to the Oil Division.What was the segment income of the Oil Division for the year?

Question

Oil Division
The Oil Division is one of the operating units of Automotive Solutions,Inc.The following operating data of the division is presented below:
 $\begin{array}{ll}
\text { Sales } & \$ 3,000,00 \
\text { Profit margin } & 10 \% \
\text { Target return } & 15 \% \
\text { Residual income } & \$ 60,000
\end{array}$
 
Refer to the Oil Division.What was the segment income of the Oil Division for the year?

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The Answer of Oil Division
The Oil Division is one of the operating units of Automotive Solutions,Inc.The following operating data of the division is presented below:
 $\begin{array}{ll}
\text { Sales } & \$ 3,000,00 \
\text { Profit margin } & 10 \% \
\text { Target return } & 15 \% \
\text { Residual income } & \$ 60,000
\end{array}$
 
Refer to the Oil Division.What was the segment income of the Oil Division for the year?

Oil Division the Oil Division Is One of the Operating

Oil Division
the Oil Division Is One of the Operating