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Doncics Slovenian Goods provides you with the following financial information related to January 2020: Net Operating Income = $14,000 Average Operating Assets = $56,000 Sales
- Doncics Slovenian Goods provides you with the following financial information related to January 2020:
- Net Operating Income = $14,000
- Average Operating Assets = $56,000
- Sales in January 2020 = $140,000
What was Doncics Margin during January 2020?
A. 0.10 or 10.00%
B. 0.04 or 4.00%
C. 0.06 or 6.00%
D. 0.12 or 12.00%
E. 0.40 or 40.00%
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Contemporary Auditing E4 Im
Authors: KNAPP
4th Edition
0324048602, 978-0324048605
