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The Marine Division of Pacific Corp. has average invested assets of $100,000,000 Sales revenue of $50,210,000 results in an operating income of $9,961,000. The
The Marine Division of Pacific Corp. has average invested assets of $100,000,000 Sales revenue of $50,210,000 results in an operating income of $9,961,000. The hurdle rate is 4% a. Calculate the return on investment. (Round your answer to 2 decimal places.) Retam en Investment b. Calculate the profit margin. (Round your answer to 2 decimal places.) Profit Margin % c. Calculate the investment turnover. (Round your answer to 4 decimal places.) intment Tumovar d. Calculate the residual income. Residual Income 4
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