Question
Breton Corporations Longboat divisions segment margin as a percentage of net sales is 12% for the current reporting period. The division has net sales revenue
Breton Corporations Longboat divisions segment margin as a percentage of net sales is 12% for the current reporting period. The division has net sales revenue of $2,500,000. Operating assets were $800,000 at the beginning of the period and $1,200,000 at the end. What is the divisions ROI?
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel
3rd Edition
0470377852, 978-0470377857
