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goes with questions 15 through 18 NEED FAST ...

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Accounting

goes with questions 15 through 18 NEED FAST
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Use the following to answer questions 15 through 18 : The Mrs. Potts Division is segment of a large, multinational company. Mrs. Potts reported the following current year financial data. Sales were $16,640,000; net operating income was $399,360; and average operating assets were $4,000,000. The company's minimum required rate of return is 18%. Mrs. Potts margin is closest to: 24.0% 10.0% 26.4% 2.4% Mrs. Potts turnover is closest to: 4.16 41.67 0.10 3.78 Mrs. Potts return on investment (ROI) is closest to: 0.2% 41.6% 1.9% 10.0% Mrs. Potts residual income is closest to: $1,119,360 negative $2,595,840 negative $320,640 $399,360

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