Question
Given the data: Average operating assets $250,000 Total liabilities 100,00 Sales 600,000 Contribution margin 150,000 Net operating income 30,000 Turnover would be: a. 2.5 b.
Given the data:
Average operating assets $250,000
Total liabilities 100,00
Sales 600,000
Contribution margin 150,000
Net operating income 30,000
Turnover would be:
a. 2.5
b. 2.4
c. 4.0
d. 5.0
e. 6.0
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
