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The following data pertain to Dakota Division's most recent year of operations. Income = $4,550,000 Sales revenue= 54,500,000 Average invested capital= 14,000,000 Required: Compute Dakota
The following data pertain to Dakota Division's most recent year of operations.
Income = $4,550,000
Sales revenue= 54,500,000
Average invested capital= 14,000,000
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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