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Consider the following data of Twisted Corporation's Northern Division: Sales revenue $22,040,000 Capital turnover ? Average invested capital ? Sales margin 4.0 % Income ?
Consider the following data of Twisted Corporation's Northern Division:
| Sales revenue | $22,040,000 | |
| Capital turnover | ? | |
| Average invested capital | ? | |
| Sales margin | 4.0 | % |
| Income | ? | |
| Return on investment | 15.2 | % |
| Residual income | ? | |
| Twisteds imputed interest rate | 13.0 | % |
Required:
- Calculate Northerns capital turnover. (Round your answer to 2 decimal places.)
- Calculate Northerns average invested capital.
- Calculate Northerns income.
- Calculate residual income.
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Cost management a strategic approach
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
5th edition
73526940, 978-0073526942
