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You are given the following data Sales Invested capital Net income 96,000,000 0,000,000 2,880,000 Requirements Compute the following 1.Turnover of capital 2. Return on sales
You are given the following data Sales Invested capital Net income 96,000,000 0,000,000 2,880,000 Requirements Compute the following 1.Turnover of capital 2. Return on sales 3. Return on investment (ROI) Requirement 1. Compute the turnover of capital Begin by selecting the formula and then calculate the capital turnover. (Round the capital turnover to one decimal place.) Capital turnover Requirement 2. Compute the return on sales Begin by selecting the formula and then calculate the return on sales Return on sales Requirement 3. Compute the return on investment (RO) Begin by selecting the formula and then calculate the return on investment (ROI). (Round the return on investment to one decimal place.) RO
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