MARGIN, TURNOVER, RETURN ON INVESTMENT Pelak Company had sales of $350,000, expenses of $315,000, and average operating
Question:
MARGIN, TURNOVER, RETURN ON INVESTMENT Pelak Company had sales of $350,000, expenses of $315,000, and average operating assets of $140,000.
Required:
. Compute the operating income.
. Compute the margin and turnover ratios.
. Compute the ROI.
Exercise
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