Meman Required informationUse the following information for the Problems below:The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company'srequired rate of return on invested capital is 8 percent.Sales revenueIncomeAverage investmentSales marginCapital turnoverROIResidual incomeDivision A?Division B Division C$ 11,000,000?$ 480,000$ 2,040,000??$ 2,560,000?20%?25%3????40%??$ 132,000Required:The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rateof return on invested capital is 12 percent.Note: Round "Capital turnover" answers to 2 decimal places.Division ADivision BDivision CSales revenue$41,300,000$3,300,000Income$ 1,890,000$8,260,000$990,000Average investment10,325,000$4,125,000Sales margin24 %%30%Capital turnoverROIResidual income1.000.80%%24 %$495,000

Answer:- ROI meaning:- ROI means return on investment.. It is the measure that helps to determine…

Sales revenue Income Average investment Sales margin Capital turnover ROI Residual income Division A Division B Division C ? $ 11,000,000 ? $ 480,000 $ 2,040,000 ? ? $ 2,560,000 ? 20% 3 ? ? ? 25% 322 222 ? ? ? 40% ? $ 132,000

Sales revenue Income Average investment Sales margin Capital turnover ROI Residual income Division A Division B Division C ? $ 11,000,000 ? $ 480,000 $ 2,040,000 ? ? $ 2,560,000 ? 20% 3 ? ? ? 25% 322 222 ? ? ? 40% ? $ 132,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 3PB: The income statement comparison for Rush Delivery Company shows the income statement for the current...

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