Question
Dan Division of Mitch Company has the following data related to a certain period: Average invested capital $ 667676 Imputed interest rate 10.1 % Revenues
Dan Division of Mitch Company has the following data related to a certain period:
Average invested capital | $ | 667676 | |
Imputed interest rate | 10.1 | % | |
Revenues | $ | 1855641 | |
Variable costs | $ | 1092061 | |
Fixed costs related solely to the division | $ | 666164 |
Calculate Dan Division's return on sales for the relevant period. (Present the final answer as a percentage, to 2 decimal places.)
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The Internet Supply Chain Impact On Accounting And Logistics
Authors: D. Chorafas
5th Edition
0333949633, 9780333949634
