Question
CS Company has a profit margin of 9%. Sales are $377,000, net operating income is $33,930, and average operating assets are $128,000. What is the
CS Company has a profit margin of 9%. Sales are $377,000, net operating income is $33,930, and average operating assets are $128,000. What is the company's return on investment (ROI)?
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Company Accounting
Authors: Ken Leo, Jeffrey Knapp, Susan Mcgowan, John Sweeting, Leah Meng
12th Edition
0730382672, 9780730382676
