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4 Beginning operating assets are $700,000, and ending operating assets are $900,000. Operating income is $100,000; and sales are $400,000. The minimum rate of return
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Beginning operating assets are $700,000, and ending operating assets are $900,000. Operating income is $100,000; and sales are $400,000. The minimum rate of return is 10 percent. The margin is A) 12.5% B) 25% C) 37.5% D) 50% E) none of the aboveStep by Step Solution
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Financial Accounting A Management Perspective
Authors: Nelson Macwan
1st Edition
6206142191, 978-6206142195
