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Brookline Park Inc. has assembled the following data for its divisions for the past year: DIVISION A DIVISION BAverage operating assets $450,000 ?Sales? $520,000 Net
Brookline Park Inc. has assembled the following data for its divisions for the past year: DIVISION A DIVISION BAverage operating assets $450,000 ?Sales? $520,000 Net operating income $110,000$20,300 Turnover1.304Margin?3.9\%Minimum required rate of return 12%? Residual income? $6,000 Division A's sales are? a. $585,000 b. $200,000 c. $54,000 d. $625,000
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Accounting Theory And Practice
Authors: M. W. E. Glautier, Brian Underdown
7th Edition
0273651617, 978-0273651611
