Problem: Laura Industries is a division of a major corporation. Data concerning the most recent year appears below:
Sales $16,750,000
Operating Expenses 16,073,000
Net Operating Income 670,000
Average Operating assets 8,375,000
Required - This division's performance by computing the following:
A. Laura's Margin?
B) Laura's Turnover?
C) Laura's Return on Investment (ROI)?
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