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Required information [The following information applies to the questions displayed below.] The following data pertain to British Isles Aggregates Company, a producer of sand, gravel,

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Required information [The following information applies to the questions displayed below.] The following data pertain to British Isles Aggregates Company, a producer of sand, gravel, and cement, for the year just ended. SALES REVENUE COST OF GOODS SOLD OPERATING EXPENSES AVERAGE INVESTED CAPITAL 6,450,000 3,003,000 3,253,500 3,225,000 denotes the British pound sterling, the national monetary unit of Great Britain. Required: Compute the company's sales margin, capital turnover, and ROI. Answer is complete but not entirely correct. % Sales margin Capital turnover ROI 50 X 2 99 X % The following data pertain to Dakota Division's most recent year of operations. INCOME SALES REVENUE AVERAGE INVESTED CAPITAL $ 15,500,000 180,000,000 61,000,000 Assume that the company's minimum desired rate of return on invested capital is 13 percent. Required: Compute Dakota Division's residual income for the year. Residual income

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