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2- In what year do you see warning signs of improperly capitalized expenses ? 3- what amount of expenses do you think was improperly capitalized?
2- In what year do you see warning signs of improperly capitalized expenses ?
3- what amount of expenses do you think was improperly capitalized?
The following is selected financial data for 123 Corp: \begin{tabular}{|l|r|r|r|r|r|r|} \hline & & & & & & \\ \hline & 2010 & 2011 & 2012 & 2013 & 2014 \\ \hline Sales & 10,785 & 11,216 & 11,665 & 12,132 & 12,617 \\ \hline Depreciation expense & 580 & 603 & 877 & 902 & 928 \\ \hline Other operating expenses & 5,700 & 5,928 & 6,165 & 6,412 & 6,668 \\ \hline Operating income & 4,505 & 4,685 & 4,623 & 4,818 & 5,020 \\ \hline Total assets & & & & & \\ \hline & 5,799 & 6,031 & 8,772 & 9,023 & 9,284 \\ \hline \end{tabular} 1 Calculate: Asset turnover: ROA \begin{tabular}{|l|l|l|l|l|} \hline & & & & \\ \hline & & & & \\ \hline \end{tabular}Step by Step Solution
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