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Calculate investment turnover and return on investment

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Reference no: EM132721464

Giratina is a retailer and is a division of a larger retail company. The following data relate to the most recent year of operations:

Sales Revenue $8,400,000
Variable costs 70% of sales
Fixed costs 2,150,000
Average Invested Capital 1,850,000

Problem (i) Calculate the division's return on sales, investment turnover and return on investment.

Problem (ii) Describe how the division improve its ROI.

Reference no: EM132721464

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