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  3. the following data pertain to three divisions of n

The following data pertain to three divisions of Nevada Aggregates, Inc. The companys required rate...

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Accounting

The following data pertain to three divisions of Nevada Aggregates, Inc. The companys required rate of return on invested capital is 8 percent. (Round "Capital turnover" answers to 2 decimal places.)

Division A Division B Division C
Sales revenue $8,700,000 $41,400,000
Income $1,740,000 $8,280,000
Average investment $8,700,000 $10,350,000
Sales margin 20 % % 25 %
Capital turnover 1.00
ROI 20 % % 20 %
Residual income $507,000

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