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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 6 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 6 percent. (Round "Capital turnover" answers to 2 decimal place.) Division B Division C Sales revenue 40,200,000 $ 8,040,000 Income Division A $ 9,000,000 $ 1,620,000 $ 9,000,000 18 1.00 18 $ 1,080,000 $ 7,200,000 X $ 1,440,000 $ 8,000,000 Average investment % % % Sales margin Capital turnover ROI Residual income 10,050.000 20 4.00 80 $ 7,437,000 20 0.90 18 480,000 % % % $
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