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Required: The following data pertain to three divisions of Nevada Aggregates, Inc. The company's required rate of return on invested capital is 8 percent. (Round
Required: The following data pertain to three divisions of Nevada Aggregates, Inc. The company's required rate of return on invested capital is 8 percent. (Round "Capital turnover" answers to 2 decimal place.) Division A Division B Division C Sales revenue Income $ 1,780,000 $ 9,196,000 Average investment Sales margin Capital turnover 25 % 20% 1.00 22 % 4.00 % ROI 20 % 510,000 Residual income $
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