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Results from Premium Corporation's most recent year of operations are presented in the following table. ( Click the icon to view the information. ) Requirements
Results from Premium Corporation's most recent year of operations are presented in the following table.
Click the icon to view the information.
Requirements
Calculate the sales margin, capital turnover, and return on investment ROI
Calculate the residual income RI
Requirement Calculate the sales margin, capital turnover, and return on investment ROI
First enter the formula, then calculate the sales margin.
Sales margin
Data table
tableOperating income Total assets Current liabilities. $SalesTarget rate of return
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