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Adams Cough Drops operates two divisions. The following information pertains to each division for 2017: Division A Division B Sales $ 208,000 $ 87,000 Operating
Adams Cough Drops operates two divisions. The following information pertains to each division for 2017:
| Division A | Division B | ||||||
| Sales | $ | 208,000 | $ | 87,000 | |||
| Operating income | $ | 15,600 | $ | 9,900 | |||
| Average operating assets | $ | 56,000 | $ | 39,000 | |||
| Company's desired rate of return | 13 | % | 13 | % | |||
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Global Financial Accounting And Reporting Principles And Analysis
Authors: Walter Aerts, Peter Walton
5th Edition
1473767121, 9781473767126
