Question
Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales $38,380,000 Net operating income
Dacker Products is a division of a major corporation. The following data are for the most recent year of operations:
Sales $38,380,000
Net operating income $3,758960
Average operating assets 9,900,000
The company's minimum required rate of return 15%
The division's margin used to compute ROI is Closest to:
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Cost Management Accounting And Control
Authors: Don R. Hansen, Maryanne M. Mowen
3rd Edition
0324002327, 978-0324002324
