Question
Cabal Products is a division of a major corporation. Last year the division had total sales of $26,050,000, net operating income of $1,745,350, and average
| Cabal Products is a division of a major corporation. Last year the division had total sales of $26,050,000, net operating income of $1,745,350, and average operating assets of $6,512,500. The company's minimum required rate of return is 10%. |
| The division's margin is closest to: (Round your answer to 1 decimal place.) |
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Management Accounting Change Approaches And Perspectives
Authors: Chandana Alawattage, Danture Wickramasinghe
1st Edition
0415393329, 978-0415393324
