Question
The following data pertain to Dakota Divisions most recent year of operations. Income $ 4,900,000 Sales revenue 60,000,000 Average invested capital 19,500,000 Required: Compute Dakota
The following data pertain to Dakota Divisions most recent year of operations.
| Income | $ | 4,900,000 | |
| Sales revenue | 60,000,000 | ||
| Average invested capital | 19,500,000 | ||
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).)
Sales margin _________%
Capital Turnover ________
Return on investment ________%
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Sound Investing, Chapter 19 - Related-Party Transaction Ruse
Authors: Kate Mooney
1st Edition
0071719415, 9780071719414
