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13. The following information pertains to the three divisions of Marlow Company: Division Z Division...

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13. The following information pertains to the three divisions of Marlow Company: Division Z Division Y Division X $1,250,000 $75,000 Sales ? ? Net operating income $36,000 $25,000 Average operating $300,000 ? ? assets Return on ? 20% 15% investment Margin 0.10 0.05 ? Turnover 1.2 ? ? Target ROI 15% 12% 10% What is the residual income for Division X? . $36,000 $45,000 $(9,000) $(36,000) . . D. The Auto Division of a department store had a net operating income of 14. $560,000, a net asset base of $4,000,000, and a required rate of return of 12 %. Sales for the period totaled $3,000,000. The residual income for the period is: . $480,000 $360,000 $120,000 $80,000 . . D

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