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Hello, Romano corp has 3 operating divisions and requires a 13% rate of return on all investments. (didn't have questions on the first 2 divisions, thanks).

Hello,

Romano corp has 3 operating divisions and requires a 13% rate of return on all investments.  (didn't have questions on the first 2 divisions, thanks).

Calculate the missing amounts:

Revenues ???
Operating Income $98,200
Operating assets ???
Margin ???  %
Turnover 3 (turns)
ROI ??? %
Residual Income $36,130

thanks...

 

Sep 08 2020 Read more Less More

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