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The following data pertain to Dakota Division's most recent year of operations. Income$4,000,000Sales revenue51,000,000Average invested capital13,000,000 Required: Compute Dakota Division's sales margin, capital turnover, and
The following data pertain to Dakota Division's most recent year of operations.
Income$4,000,000Sales revenue51,000,000Average invested capital13,000,000
Required:
Compute Dakota Division's sales margin, capital turnover, and return on investment for the year.(Round your answers to 2 decimal places (i.e., .1234 should be entered as 12.34).)
Sales margin ???? %
Capital Turnover???
Return on Investment??? %
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