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Marigold Company recorded the following operating data: Sales $1250600 Contribution margin 485700 Total direct fixed costs 400800 Total operating assets Jan. 1, 2022 750800 Total
Marigold Company recorded the following operating data:
Sales | $1250600 |
Contribution margin | 485700 |
Total direct fixed costs | 400800 |
Total operating assets Jan. 1, 2022 | 750800 |
Total operating assets Dec. 31, 2022 | 790300 |
Marigold Companys desired return | 12% |
What is Marigold Companys average operating assets for 2022?
$750800
$790300
$150072
$770550
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