Mathematics, 30.06.2021 23:40 freddhendrickss
Last year the division had total sales of 23,380,000 , operating income of 2,828,980, and invested assets of 10,000,000. Required : a. What is the division's profit margin ? b. What is the division's investment turnover? c. What is the division's return on investment (ROI) using DuPont formula? d. What is the residual income if investors require a minimum return of 20% ?
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Last year the division had total sales of 23,380,000 , operating income of 2,828,980, and invested a...
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