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Exercise 13-24 Components of ROI (LO 13-2) The following data pertain to Dakota Division's most recent year of operations. Income $ 4,050,000 Sales revenue 50,500,000
Exercise 13-24 Components of ROI (LO 13-2) The following data pertain to Dakota Division's most recent year of operations. Income $ 4,050,000 Sales revenue 50,500,000 Average invested capital 16,000,000 Required: Compute Dakota Division's sales margin, capital turnover, and return on investment for the year. (Round your answers to 2 decimal places (i.e., .1234 should be entered as 12.34).) Return on investment _ %
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