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The following data pertain to Dakota Divisions most recent year of operations. Income $ 4,300,000 Sales revenue 55,500,000 Average invested capital 15,000,000 Required: Compute Dakota
The following data pertain to Dakota Divisions most recent year of operations.
Income | $ | 4,300,000 | |
Sales revenue | 55,500,000 | ||
Average invested capital | 15,000,000 | ||
Required: Compute Dakota Divisions 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).)
\begin{tabular}{|l|l|l|} \hline & & % \\ \hline Sales margin & & \\ \hline Capital turnover & & % \\ \hline Return on investment & & \\ \hline \end{tabular}Step by Step Solution
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