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The Marine Division of Pacific Corp. has average invested assets of $100.000.000 Sales revenue of $50.270.000 results in an operating income of $9.969.000 The hurdle
The Marine Division of Pacific Corp. has average invested assets of $100.000.000 Sales revenue of $50.270.000 results in an operating income of $9.969.000 The hurdle rate is 8 a. Calculate the return on investment (Round your answer to 2 decimal places.) b. Calculate the profit margin (Round your answer to 2 decimal places c. Calculate the investment turnover (Round your answer to 4 decimal places.) Investment Turnover d. Calculate the residual income Residual ncome
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