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Jordan Williams, a divisional manager, is evaluated based on return on investment. In the last quarter her division achieved a 12% margin and an 13.68%
Jordan Williams, a divisional manager, is evaluated based on return on investment. In the last quarter her division achieved a 12% margin and an 13.68% return on investment. The division had $3,029,000 in operating assets that quarter.
What was the divisions sales revenue for the quarter? (Round asset turnover to 2 decimal places, e.g. 5.51 and final answer to 0 decimal places, e.g. 1,250.)
What was the divisions net operating income for the quarter? (Round answer to 0 decimal places, e.g. 1,250.) Net operating income $
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