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Bleu Stone Is a Division of a Major Corporation Required:
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Bleu Stone is a division of a major corporation.The following data are for the latest year of operations:  Sales $33,040,000 Net operating income $1,453,760 Average operating assets $8,000,000 The company’s minimum required rate of  return 18%\begin{array} { | l | r | } \hline \text { Sales } & \$ 33,040,000 \\\hline \text { Net operating income } & \$ 1,453,760 \\\hline \text { Average operating assets } & \$ 8,000,000 \\\hline \begin{array} { l } \text { The company's minimum required rate of } \\\text { return }\end{array} & 18 \% \\\hline\end{array}
Required:
a. What is the division's margin?
b. What is the division's turnover?
c. What is the division's return on investment (ROI)?
d. What is the division's residual income?

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a. Margin = Net operating income ÷ Sales...

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