Jeanne wants to compare the divisions in terms of margin, turnover, ROI, and Residual Income...
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Accounting
Jeanne wants to compare the divisions in terms of margin, turnover, ROI, and Residual Income (RI). To get her started her assistant prepared some key financial results below:
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| Farmington | Milford | Albany | Sugarland | Long Beach |
| Revenue | $600,000 | $425,000 | $374,000 | $300,000 | $700,000 |
| Net operating income | $24,000 | $34,000 | $29,920 | $18,000 | $42,000 |
| Average operating assets | $300,000 | $283,333 | $187,000 | $171,429 | $280,000 |
| Stockholders equity | $255,000 | $240,833 | $158,950 | $145,714 | $238,000 |
| Residual income (loss) | ($6,000) |
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Required: Answer each of the following questions associated with the information provided. In answering the numerical questions round your final answer to at least two decimal points. For example, a margin of 10.4115% would be 10.41%. A turnover of 3.3621 would be 3.36.
| 12. | Farmington Turnover is |
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| 13. | Milford Margin is |
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| 14. | Albany Margin is |
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| 15. | Sugarland Turnover is |
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| 16. | Long Beach Residual Income is |
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