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Accounting

The Marine Division of Pacific Corp has average invested assets of $110,000,000. Sales revenue of $50,250,000 results in an operating income of $9,967,000. The hurdle rate is 7%.

find out a) return on investment b) profit margin c) investment turnover d) residual income

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M946122

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