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Test Chemical Corporation has three divisions. Following is division information from the most recent year. (Click the icon to view the information.) For each of
Test Chemical Corporation has three divisions. Following is division information from the most recent year. (Click the icon to view the information.) For each of the three divisions, calculate sales margin, capital turnover, and return on investment (ROI). First enter the formula for sales margin, then calculate for each division. (Enter the sales margin as a percent rounded to the nearest tenth of a percent, X.X%.) Sales margin Functional Ingredients . % Consumer Markets % Performance Materials % Next enter the formula for capital turnover, then calculate for each division. (Round to two decimal places.) + Capital turnover Functional Ingredients + times Consumer Markets times Performance Materials times Data table Division Information for Test Chemical For the Year Ending December 31 (All information is in millions Operating of dollars) Income Assets Sales Revenue Functional Ingredients $ 5,625 $ 15,625 $ 22,500 Consumer Markets $ 2,165 $ 10,825 $ 21,650 Performance Materials $ 1,960 $ 14,000 $ 14.000
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