Nexus Industries reported the following financial data for its eastern division for 2023: ⚫ Average invested assets: $850,000 ⚫ Sales: $2,125,000 ⚫ Income: $255,000 • Calculate the investment turnover ratio.
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- Briggs Company has operating income of $45,760, invested assets of $143,000, and sales of $457,600. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin % b. Investment turnover c. Return on investment %Need answerPlease give me answer accounting
- Give true answerPlease provide correct answer general accountingBottlebrush Company has operating income of $49,749, invested assets of $309,000, and sales of $710,700. Use the DuPont formula to compute the return on investment, and show (a) the profit margin, (b) the investment turnover, and (c) the return on investment. Round answers to one decimal place. a. Profit margin % b. Investment turnover c. Return on investment %
- Need help with this questionDuring the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000,000. A. Based on this information, calculate asset turnover. B. Using the sales margin from the previous exercise, what is the total ROI for the company during the current year?Please provide answer the following requirements on this accounting question
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