Question
Gabbe Industries is a division of a major corporation. Last year the division had total sales of $8,910,000, net operating income of $962,280, and average
Gabbe Industries is a division of a major corporation. Last year the division had total sales of $8,910,000, net operating income of $962,280, and average operating assets of $3,000,000. The company's minimum required rate of return is 10%.
1. What is the division's margin?
2. What is the division's turnover?
3. What is the division's return on investment?
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Network Security Auditing The Complete Guide To Auditing Network Security Measuring Risk And Promoting Comliance
Authors: Chris Jackson
1st Edition
1587053527, 978-1587053528
