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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 $ 1,770,000 $ 8,340,000 Sales revenue Income Average investment Sales margin Capital turnover ROI Residual income 25 % 20% 1.00 20% 4.00 % 20 % 516,000 $
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