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Racer Chemical Corporation has three divisions. Following is division information from the most recent year. E: (Click the icon to view the information.) For each
Racer Chemical Corporation has three divisions. Following is division information from the most recent year. E: (Click the icon to view the information.) For each of the three divisions, calculate sales margin, capital turnover, and return on investment (ROI). First enter the formula for sales margin, then calculate for each division. (Enter the sales margin as a percent rounded to the nearest tenth of a percent, X.X%.) Sales Operating income 6,090 = 21,750 = Sales margin 28.0 % Functional Ingredients S / $ Consumer Markets % i Data Table Division Information for Racer Chemical For the Year Ending December 31 (All information is in Operating Assets Sales millions of dollars) Income Revenue Functional Ingredients $ 6,090 $ 12,500 $ 21,750 Consumer Markets $ 1,724 $ 10,775 $ 21,550 Performance Materials $ 1,870 $ 4,400 $ 11,000 Print Done
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