48. (8 points) The Division A of Standard Products has the following information available: Divisional...

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48. (8 points) The Division A of Standard Products has the following information available: Divisional Sales $ 1,500,000 Average investment $ 1,000,000 Divisional operating income $ 169,500 Minimum rate of return 14% Carry all calculations and percentages to two decimals. a. Calculate Division A's Return on Sales (ROS) percentage. b. Calculate Division A's Asset Turnover ratio. c. Calculate Division A's Return on Investment (ROI) percentage. d. Calculate Division A's Residual Income (RI)

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