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EX $13-24($Algo$)$ Components of ROI $($LO $13-2)$

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References

The following data pertain to Dakota Division's most recent year of operations.

Income

$$4,000,000$

Sales revenue $54,500,000$

Average invested capital

Required:

Compute Dakota Division's sales margin, capital turnover, and return on investment for the year. Note: Round your answers to $2$ decimal places $($i$.$e$.,1234$ should be entered as $12\mathrm{.}34).$

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