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A company has unit A whose 2019 income statement is as follows: sales 620000000 the cost of goods sold 310000000 gross profit 310000000 sales and
A company has unit A whose 2019 income statement is as follows:
sales | 620000000 |
the cost of goods sold | 310000000 |
gross profit | 310000000 |
sales and administration costs | 115000000 |
Operating profit | 195000000 |
Questions
At the beginning of the year, the operating asset value is IDR 250000000 and at the end of the year the operating asset value is IDR 330000000.
You as a financial manager are asked to calculate:
1). Average operating assets
2). Margins and turnover
3). Return on investment
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