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What is Bingos sales margin

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Question - Bingo Corporation had the following results last year. Management's target rate of return is 15% and the weighted average cost of capital is 10%. Its effective tax rate is 35%.

Sales $20,000,000

Operating income $2,000,000

Total assets $10,000,000

Current liabilities $4,000,000

What is Bingo's Return on Investment (ROI)?

What is Bingo's sales margin?

What is Bingo's capital turnover?

What is Bingo's Residual Income (RI)?

Reference no: EM132514615

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