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The Holmes Division Recorded Operating Data as Follows for the Past

question 130

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The Holmes Division recorded operating data as follows for the past year:
 Sales $200,000 Operating Income $25,000 Average Operating Assets $100,000 Shareholders’ Equity $80,000 Residual Income $13,000\begin{array}{|r|r|}\hline \text { Sales } & \$ 200,000 \\\hline \text { Operating Income } & \$ 25,000 \\\hline \text { Average Operating Assets } & \$ 100,000 \\\hline \text { Shareholders' Equity } & \$ 80,000 \\\hline \text { Residual Income } & \$ 13,000 \\\hline\end{array}

-For the past year,what was the margin?


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