Question
During the current year, Sokowski Manufacturing earned an income of $422,400 from total sales of $6,400,000 and average capital assets of $11,900,000. What is the
During the current year, Sokowski Manufacturing earned an income of $422,400 from total sales of $6,400,000 and average capital assets of $11,900,000. What is the sales margin? If required, round your answer to one decimal place.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
