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Question 3 Dan Division of Mitch Company has the following data related to a certain period: Average invested capital $ 686901 Imputed interest rate 11.7
Question 3 Dan Division of Mitch Company has the following data related to a certain period: Average invested capital $ 686901 Imputed interest rate 11.7 % Revenues $ 1863402 Variable costs $ 1060459 Fixed costs related solely to the division $ 657767 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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