Question
Question 29 The Assembly Division of Alpha Company has the following data related to a particular period: Average invested capital $ 678987 Imputed interest rate
Question 29
The Assembly Division of Alpha Company has the following data related to a particular period:
Average invested capital | $ | 678987 | |
Imputed interest rate | 11.5 | % | |
Revenues | $ | 1804970 | |
Variable costs | $ | 1090598 | |
Fixed costs related solely to the division | $ | 663454 |
Calculate the return on sales for the period. (Present the final answer as a percentage, to 2 decimal places.)
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Fundamentals of Physics
Authors: Jearl Walker, Halliday Resnick
8th Extended edition
978-0471758013
