Use the following information for the Problems below: The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return on invested capital is 8 percent. Sales revenue Income Average investment Sales margin Capital turnover ROI Residual income Division A ? Division B Division C $ 10,000,000 ? $ 480,000 $ 2,160,000 ? ? $ 2,570,000 ? 20% ? 25% 2 ? ? ? ? 20% ? ? $ 127,000 PR 13-37 (Algo) ROI and Residual Income; Missing Data (LO 13-2) Required: The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return on invested capital is 8 percent. Note: Round "Capital turnover" answers to 2 decimal places. Division A Division B Division C Sales revenue $ 41,100,000 Income $ 1,710,000 $ 8,220,000 Average investment $ 10,275,000 Sales margin 20 % % 25 % Capital turnover ROI Residual income 1.00 % % 20% $ 495,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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answer must be in table format or i will give down vote 

 

Use the following information for the Problems below:
The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return
on invested capital is 8 percent.
Sales revenue
Income
Average investment
Sales margin
Capital turnover
ROI
Residual income
Division A
?
Division B
Division C
$ 10,000,000
?
$ 480,000
$ 2,160,000
?
?
$ 2,570,000
?
20%
?
25%
2
?
?
?
?
20%
?
?
$ 127,000
PR 13-37 (Algo) ROI and Residual Income; Missing Data (LO 13-2)
Required:
The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return on invested
capital is 8 percent.
Note: Round "Capital turnover" answers to 2 decimal places.
Division A
Division B
Division C
Sales revenue
$
41,100,000
Income
$ 1,710,000
$
8,220,000
Average investment
$
10,275,000
Sales margin
20 %
%
25 %
Capital turnover
ROI
Residual income
1.00
%
%
20%
$
495,000
Transcribed Image Text:Use the following information for the Problems below: The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return on invested capital is 8 percent. Sales revenue Income Average investment Sales margin Capital turnover ROI Residual income Division A ? Division B Division C $ 10,000,000 ? $ 480,000 $ 2,160,000 ? ? $ 2,570,000 ? 20% ? 25% 2 ? ? ? ? 20% ? ? $ 127,000 PR 13-37 (Algo) ROI and Residual Income; Missing Data (LO 13-2) Required: The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return on invested capital is 8 percent. Note: Round "Capital turnover" answers to 2 decimal places. Division A Division B Division C Sales revenue $ 41,100,000 Income $ 1,710,000 $ 8,220,000 Average investment $ 10,275,000 Sales margin 20 % % 25 % Capital turnover ROI Residual income 1.00 % % 20% $ 495,000
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