Question
......Last year a company had sales of $500,000, a turnover of 2.8, and a return on investment of 56%. The company's net operating income for
......Last year a company had sales of $500,000, a turnover of 2.8, and a return on investment of 56%. The company's net operating income for the year was?
how is this calculated?
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Financial and Managerial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
3rd edition
978-1-119-3916, 1119392132, 1119392136, 9781119391609, 1119391601, 978-1119392132
