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1. 2. 3 Use this information for Train Corporation to answer the question that follow. The following financial Information was summarized from the accounting records

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Use this information for Train Corporation to answer the question that follow. The following financial Information was summarized from the accounting records of Train Corporation for the current year ended December 31: Locomotive Division Corporate Total Cost of goods sold Direct operating expenses Sales Interest expense General overhead Rails Division $47,900 26,900 97,800 $29,600 21,600 65,000 $2,200 19,900 Income tax 4,100 The income from operations for the Rails Division is Oa. $70,900 Oh 4g ann Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,114,000 in invested assets, sales of $1,232,000, income from operations amounting to $239,000, and a desired minimum return of 12%. Round your answer to two decimal places. The investment turnover for Mason Corporation a. 1.66 b. 0.88 c. 1.33 d. 1.11 Blaser Corporation had $1,038,000 in invested assets, sales of $1,256,000, income from operations amounting to $209,000, and a desired minimum return of 13%. The return on investment for Blaser Corporation is Round the percentage to one decimal place. a. 16.6% Ob. 24.2% c. 13.3% d. 20.1% Use this information for Train Corporation to answer the question that follow. The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31 Corporate Total Locomotive Division $31,200 22,700 66,600 Rails Division Cost of goods sold $46,400 Direct operating expenses 26,900 Sales 96,100 Interest expense General overhead Income tax The gross profit for the Rails Division is Oa. $69,200 Ob. $49,700 c. $96,100 d. $22,800 $2,900 18,100 4,000

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