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The following information pertains to Bishop Concrete: Sales revenue $2,050,000 Gross margin 710,000 Income 101,000 Invested capital 560,000 The company's imputed interest rate is 9%.
The following information pertains to Bishop Concrete:
Sales revenue | $2,050,000 |
Gross margin | 710,000 |
Income | 101,000 |
Invested capital | 560,000 |
The company's imputed interest rate is 9%.
11. The capital turnover is:
20.30.
3.66.
27.32.
5.54.
18.04.
12. The sales margin is:
4.93%.
34.63%.
14.23%.
18.04%.
27.32%.
13. The ROI is:
18.04%.
4.93%.
34.63%.
27.32%.
14.23%.
14. The residual income is:
$83,500.
$91,910.
$37,100.
$50,600.
$50,400.
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