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 Sales revenue Income Average investment Sales margin Capital turnover ROI Residual income $ Division A Division A 1,770.000 $ 400,000 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. 20% 1.00 % 2 30% S S $ Division B $ 12,000,000 $2,160,000 $ 2,670,000 Division B 41,700,000 8,340,000 10,425,000 % Division C ? 7 % $ 134,000 2 35% 7 30% Division C 25 % 20% 516,000
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 Sales revenue Income Average investment Sales margin Capital turnover ROI Residual income $ Division A Division A 1,770.000 $ 400,000 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. 20% 1.00 % 2 30% S S $ Division B $ 12,000,000 $2,160,000 $ 2,670,000 Division B 41,700,000 8,340,000 10,425,000 % Division C ? 7 % $ 134,000 2 35% 7 30% Division C 25 % 20% 516,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Do not give answer in image and hand writing
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
Sales revenue
Income
Average investment
Sales margin
Capital turnover
ROI
Residual income
$
Division A
?
Division A
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.
1,770,000
$ 400,000
2
30%
3
20%
1.00
Division B
$ 12,000,000
$ 2,160,000
$ 2,670,000
$
$
S
Division B
41,700,000
8,340,000
10,425,000
%
2
%
Division C
?
P
2
35%
3
30%
S
$ 134,000
Division C
25 %
20%
516,000
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