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Margin, Turnover, Return on Investment, Nakamura Company provided the following income statement for the last year: At the beginning of last year, the company had
Margin, Turnover, Return on Investment, Nakamura Company provided the following income statement for the last year: At the beginning of last year, the company had $38,689,000 in operating assets. At the end of the year, the company had $41,312,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin (as a percent) and turnover ratios for last year. If required, round your answers to two decimal places. Margin Turnover 3. Compute ROI as a percent. Use the part 2 final answers in these calculations and round the final answe to two decimal places. % 4. ROI measures profit earned per company is generating from its assets. 5. Conceptual Connection: Nakamura Company's ROI is relatively high. Select one of the reasons this may be the
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