The Marine Division of Pacific Corporation has average invested assets of $110,000.000. Sales revenue of...
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The Marine Division of Pacific Corporation has average invested assets of $110,000.000. Sales revenue of $50,220,000 results in ne operating income of $9,962,000. The hurdle rate is 4%. Required a. Colculate the return on investment. b. Calculate the profit margin. c. Calculate the Investment turnover. d. Calculate the residual income. Complete this question by entering your answers in the tabs below. Cafculate the profit margin. Note: Round percentage to 2 decimais
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