Question: Please find the missing info in column C. Thanks! Problem 13-37 ROI and Residual Income; Missing Data (LO 13-2) Required: The following data pertain to

Please find the missing info in column C. Thanks! Problem 13-37 ROIPlease find the missing info in column C. Thanks!

Problem 13-37 ROI and Residual Income; Missing Data (LO 13-2) Required: The following data pertain to three divisions of Nevada Aggregates, Inc. The company's 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 $ $ Income $ 8,250,000 1,650,000 8,250,000 40,500,000 8,505,000 10,125,000 $ Average investment Sales margin Capital turnover 20 % 21% 25 % 1.00 4.00 0.80 ROI 20% 84 % 20% Residual income $ 990,000 $ 7,695,000 483,000

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