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The following data pertain to Dakota Divisions most recent year of operations. Income $ 6,400,000 Sales revenue 128,000,000 Average invested capital 64,000,000 Required: Which of
The following data pertain to Dakota Divisions most recent year of operations.
Income | $ | 6,400,000 | |
Sales revenue | 128,000,000 | ||
Average invested capital | 64,000,000 | ||
Required:
Which of the following ways could improve the Dakota Divisions ROI to 16 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 6 percent by increasing income to $7,680,000. ? Improve the sales margin to 8.00 percent by increasing income to $10,240,000. ? Improve the turnover to 2.667 by decreasing average invested capital to $48,000,000 ? Improve the turnover to 3.200 by decreasing average invested capital to $40,000,000
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