The following data are for the Akron Division of Consolidated Rubber, Inc.: $\begin{array}{lrr}
\text { Sales } & \$ & 750,000 \
\text { Net operating income } & \$ & 45,000 \
\text { Average operating assets } & \$ & 250,000 \
\text { Stockholder's' equity } & \$ & 75,000 \
\text { Residual income } & \$ & 15,000
\end{array}$ For the past year, the margin used in ROI calculations was:
A) 6.00%
B) 8.67%
C) 10.00%
D) 8.00%

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The Answer of The following data are for the Akron Division of Consolidated Rubber, Inc.: $\begin{array}{lrr}
\text { Sales } & \$ & 750,000 \
\text { Net operating income } & \$ & 45,000 \
\text { Average operating assets } & \$ & 250,000 \
\text { Stockholder's' equity } & \$ & 75,000 \
\text { Residual income } & \$ & 15,000
\end{array}$ For the past year, the margin used in ROI calculations was:
A) 6.00%
B) 8.67%
C) 10.00%
D) 8.00%

The Following Data Are for the Akron Division of Consolidated