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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 10 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 10 percent. (Round "Capital turnover" answers to 2 decimal place.) Division A Division B Division C Sales revenue $ 1,760,000 $ 8,240,000 Income Average investment Sales margin Capital turnover ROI 22 % 20% 25 % 1.00 4.00 % 22% 507,000 Residual income $
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