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The following data pertain to three divisions of Nevada Aggregates, Inc. The company's required rate of return on invested capital is 6 percent. (Round Capital
The following data pertain to three divisions of Nevada Aggregates, Inc. The company's required rate of return on invested capital is 6 percent.(Round "Capital turnover" answers to 2 decimal place.)
Division ADivision B Division C
Sales revenue$9,000,000$40,200,000 $________
Income$1,620,000$8,040,000 $________
Average investment$9,000,000$10,050,000 $________
Sales margin18%20%20%
Capital turnover1.004.00_________
ROI18%80%18%
Residual Income$________$________$480,000
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