Question
The following data pertain to Dakota Divisions most recent year of operations. Income $ 4,000,000 Sales revenue 50,000,000 Average invested capital 20,000,000 Assume that the
The following data pertain to Dakota Divisions most recent year of operations.
|
| |||
| Income | $ | 4,000,000 |
|
| Sales revenue |
| 50,000,000 |
|
| Average invested capital |
| 20,000,000 |
|
|
| |||
Assume that the companys minimum desired rate of return on invested capital is 11 percent.
Required:
Compute Dakota Divisions residual income for the year.
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Fraud Analytics Using Descriptive Predictive And Social Network Techniques A Guide To Data Science For Fraud Detection
Authors: Bart Baesens, Veronique Van Vlasselaer, Wouter Verbeke
1st Edition
1119133122, 978-1119133124
