The following information pertains to Travis Concrete: Sales revenue Gross margin Income Invested capital $2,150,000...
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The following information pertains to Travis Concrete: Sales revenue Gross margin Income Invested capital $2,150,000 730,000 103,000 580,000 8 04:53:34 The company's imputed interest rate is 7%. Print The capital turnover is: Multiple Choice 0 5.63. 0 3.71. 0 20.87. 0 26.98 0 17.76. 11 For the period just ended, Trek Corporation's Trailer Division reported profit of $171 million and invested capital of $610 million. Assuming an imputed interest rate of 20%, which of the following choices correctly denotes Trailer's return on investment (ROI) and residual income? (8 04:52:35 ROI Residual Income A. 28% $49 million B. 28% $(49 million) C. 20% $49 million D. $49 million 28% E. None of the answers is correct. Print Multiple Choice Choice A Choice B Choice C O Choice D Choice E
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