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The Marine Division of Pacific Corporation has average invested assets of $100,000,000....

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Accounting

The Marine Division of Pacific Corporation has average invested assets of $100,000,000. Sales revenue of $50,210,000 results in net operating income of $9,963,000. The hurdle rate is 7%.
Required
Calculate the return on investment.
Calculate the profit margin.
Calculate the investment turnover.
Calculate the residual income.

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