You are given the following data: Sales $227,500,000 Invested capital $ 65,000,000 Net income ..
Question:
You are given the following data:
Sales …………… $227,500,000
Invested capital … $ 65,000,000
Net income ……….. $ 9,100,000
Compute the following:
1. Turnover of capital
2. Return on sales
3. Return on investment (ROI)
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Dollar amounts are in thousands 1 Turnover of capital Sa...View the full answer
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Related Book For 
Introduction to Management Accounting
ISBN: 978-0133058789
16th edition
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
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