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Monday, 11 November 2013

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 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.) Sales margin 8.72 correct % Capital turnover 4.19 correct Return on investment 36.54 correct %

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  


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.)

    
  Sales margin 8.72 correct %  
  Capital turnover 4.19 correct      
  Return on investment 36.54 correct %  

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