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question 116

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Answer the following questions using the information below:
The top management at Groundscare Company,a manufacturer of lawn and garden equipment,is attempting to recover from a fire that destroyed some of their accounting records.The main computer system was also severely damaged.The following information was salvaged:
 Tractor Division  Tiller Division  Digger Division  Sales $5000000(a) $1200000 Net operating profit $500000$720000$300000 Operating assets (b) (c) $1000000 Return on investment 0.200.10( d)  Return on sales (e) 0.120.25 Investment turnover (f) (g) 1.2\begin{array} { l r r r } & \text { Tractor Division } & \text { Tiller Division } & \text { Digger Division } \\\text { Sales } & \$ 5000000 & ( \mathrm { a } ) & \$ 1200000 \\\text { Net operating profit } & \$ 500000 & \$ 720000 & \$ 300000 \\\text { Operating assets } & ( \mathrm { b } ) & ( \mathrm { c } ) & \$ 1000000 \\\text { Return on investment } & 0.20 & 0.10 & ( \mathrm {~d} ) \\\text { Return on sales } & ( \mathrm { e } ) & 0.12 & 0.25 \\\text { Investment turnover } & ( \mathrm { f } ) & ( \mathrm { g } ) & 1.2\end{array}
-What is the value of the operating assets belonging to the Tractor Division?


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