Midland Division, which is part of Courtyard Enterprises, recently reported a sales margin of 20%, Capital turnover ratio of 0.75 and residual income of $200,000. Courtyard uses an imputed interest rate of 10%.

Compute return on investments (ROI)

< >

Compute capital invested

2,000,000 B. 3,000,000 C. 4,000,000 D, 4,500,000