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Romano Corporation has three operating divisions and requires a 10% return on all investments. Selected...

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Accounting

Romano Corporation has three operating divisions and requires a 10% return on all investments. Selected information is presented here:

Required:

Calculate the missing amounts for each division. (Do not round intermediate calculations. Round "Margin", "Turnover" and "ROI" to 2 decimal places.)

Division X Division Y Division Z
Revenues $977,000
Operating income $139,500 $93,900
Operating assets $407,100 $391,600
Margin % 12.00 % %
Turnover turn(s) 2.00 turn(s) 2.00 turn(s)
ROI % % %
Residual income $35,230

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