The following data pertain to Corkscrew Corporation: $$\begin{array} { l l }
\text { Income } & \$ 8,000,000 \
\text { Sales revenue } & 40,000,000 \
\text { Average invested capital } & 50,000,000
\end{array}$$
Required:
Calculate Corkscrew Corporation's sales margin, capital turnover, and return on investment.

Question

The following data pertain to Corkscrew Corporation: $$\begin{array} { l l } 
\text { Income } & \$ 8,000,000 \
\text { Sales revenue } & 40,000,000 \
\text { Average invested capital } & 50,000,000
\end{array}$$ 
Required:
Calculate Corkscrew Corporation's sales margin, capital turnover, and return on investment.

Quizplus · Accepted Answer

The Answer of The following data pertain to Corkscrew Corporation: $$\begin{array} { l l } 
\text { Income } & \$ 8,000,000 \
\text { Sales revenue } & 40,000,000 \
\text { Average invested capital } & 50,000,000
\end{array}$$ 
Required:
Calculate Corkscrew Corporation's sales margin, capital turnover, and return on investment.

The Following Data Pertain to Corkscrew Corporation Required: Calculate Corkscrew Corporation's Sales Margin, Capital Turnover, and Return

The Following Data Pertain to Corkscrew Corporation Required:
Calculate Corkscrew Corporation's Sales Margin, Capital Turnover, and Return