The Walnut Division of Benton Corp has average invested assets of $22,500,000. Sales revenue of $27,000,000...

 

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The Walnut Division of Benton Corp has average invested assets of $22,500,000. Sales revenue of $27,000,000 results in an operating income of $2,379,500. The hurdle rate is 8%. i. Calculate the return on investment. ii. Calculate the profit margin. iii. Calculate the investment turnover. iv. Calculate the residual income. The Walnut Division of Benton Corp has average invested assets of $22,500,000. Sales revenue of $27,000,000 results in an operating income of $2,379,500. The hurdle rate is 8%. i. Calculate the return on investment. ii. Calculate the profit margin. iii. Calculate the investment turnover. iv. Calculate the residual income.

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