Compute the return on invested assets, Managerial Accounting

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Compute the return on invested assets

Response to the following problem:

A company's shipping division (an investment center) has sales of $2,700,000, net income of $216,000, and average invested assets of $2,000,000. Compute the division's return on invested assets, profit margin, and investment turnover.

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Managerial Accounting: Compute the return on invested assets

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Managerial Accounting: Compute the return on invested assets

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