Required: The following data pertain to three divisions of Nevada Aggregates, Inc. The company’s required rate...

Required:

The following data pertain to three divisions of Nevada Aggregates, Inc. The company’s required rate of return on invested capital is 8 percent. (Round "Capital turnover" answers to 2 decimal place.)

	Division A		Division B		Division C
Sales revenue
Income	$1,660,000		$8,932,000
Average investment
Sales margin	20	%	22	%	25	%
Capital turnover	1.00		4.00
ROI		%		%	20	%
Residual income					$492,000

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ekkarill92 answered 1 year ago

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