Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following data pertain to Dakota Divisions most recent year of operations. Income $ 10,680,000 Sales revenue 133,500,000 Average invested capital 66,750,000 Required: Which of
The following data pertain to Dakota Divisions most recent year of operations.
Income | $ | 10,680,000 | |
Sales revenue | 133,500,000 | ||
Average invested capital | 66,750,000 | ||
Required:
Which of the following ways could improve the Dakota Divisions ROI to 24 percent? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
check all that apply
- Improve the sales margin to 9 percent by increasing income to $12,015,000.unanswered
- Improve the sales margin to 12.00 percent by increasing income to $16,020,000.unanswered
- Improve the turnover to 2.667 by decreasing average invested capital to $50,062,500unanswered
- Improve the turnover to 3.000 by decreasing average invested capital to $44,500,000.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started