Foster Molding Incorporated (FMI) manufactures household goo…

Questions

Fоster Mоlding Incоrporаted (FMI) mаnufаctures household goods in the United States. The company made two acquisitions in previous years to diversify their product lines. In 20X5, FMI acquired cosmetics and consumer electronics companies. FMI is now, in 20X7, comprised of three divisions: cosmetics, household, and consumer electronics. The following information (in thousands of dollars) presents operating revenues, operating income, and invested assets of the company over the last three years.    Revenue Operating Income Assets   Cosmetics         20X5 $ 21,700 $ 1,500 $ 9,500   20X6 23,900 1,200 9,000   20X7 18,700 1,500 9,290   Household         20X5 17,700 800 7,600   20X6 18,000 900 7,900   20X7 13,200 850 6,640   Electronics         20X5 13,300 1,400 4,250   20X6 9,450 1,400 4,690   20X7 8,790 920 4,500   Foster Molding Total         20X5 52,700 3,700 21,350   20X6 51,350 3,500 21,590   20X7 40,690 3,270 20,430  Return on sales in the household division in 20X6 is (rounded):

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