Cardi B reported the following data for her company in 2019: Net Operating Income $65,000 Beginning Operating Assets ??? Ending Operating Assets $586,000 Return on
Cardi B reported the following data for her company in 2019:
| Net Operating Income | $65,000 |
| Beginning Operating Assets | ??? |
| Ending Operating Assets | $586,000 |
| Return on Investment | 0.12 |
Based on the information above, what was the beginning balance of Operating Assets for 2019?
Round your answer to the nearest dollar.
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Authors: Robert Anthony, David Hawkins, Kenneth A. Merchant
12th Edition
0073100919, 978-0073100913
