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The marine division of pacific corporation has average invested assets of $ 1 1 0 , 0 0 0 , 0 0 0 . Sales

The marine division of pacific corporation has average invested assets of $110,000,000. Sales revenue of $50,260,000 results in net operating income of $9,971,000. The hurdle rate is 5%.
A. Calculate the return on investment.
B. Calculate the profit margin.
C. Calculate the investment turnover.
D. Calculate residual income.

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