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Coolbrook Company has the following information available for the past year: River Division Stream Division Sales revenue $ 1,202,000 $ 1,800,000 Cost of goods sold
Coolbrook Company has the following information available for the past year: |
River Division | Stream Division | |||
Sales revenue | $ | 1,202,000 | $ | 1,800,000 |
Cost of goods sold and operating expenses | 895,000 | 1,291,000 | ||
Net operating income | $ | 307,000 | $ | 509,000 |
Average invested assets | $ | 1,130,000 | $ | 1,490,000 |
The company |
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