Question: Use the data below to find the a. profit margin, b. ROI, c. investment turnover, and d. residual income. Sales = $1,800,000 Income from Ops

  • Use the data below to find the a. profit margin, b. ROI, c. investment turnover, and d. residual income.

Sales = $1,800,000

Income from Ops = $288,000

Invested Assets = $1,200,000

Minimum Acceptable Rate of Return on Assets = 18%

a. Profit Margin = c. Investment Turnover =

  • b. ROI = d. Residual Income =

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