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Assume a company reported the following results: Sales $ 300,000 Net operating income ? Average operating assets $ 200,000 Margin ? Turnover ? Return on
Assume a company reported the following results:
| Sales | $ | 300,000 | |
| Net operating income | ? | ||
| Average operating assets | $ | 200,000 | |
| Margin | ? | ||
| Turnover | ? | ||
| Return on investment (ROI) | 55 | % | |
The margin is closest to:
Multiple Choice
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37%.
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55%.
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67%.
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27%.
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A One Year Accounting Course
Authors: Trevor Gambling
21st Edition
0080130275, 9780080130279
