The following data pertain to Dakota Division's most recent year of operations.
Income | $ | 4,750,000 | |
Sales revenue | 54,500,000 | ||
Average invested capital | 13,000,000 | ||
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Required: |
Compute Dakota Division's sales margin, capital turnover, and return on investment for the year. (Round your answers to 2 decimal places. Omit the "%" sign in your response.)
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Sales margin | 8.72 % |
Capital turnover | 4.19 |
Return on investment | 36.54 % |
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