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Please show how to solve, thank you Flamengo Co is a sporting goods manufacturing. Last year, report the following information: Sales $620,000 Cost of goods
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Flamengo Co is a sporting goods manufacturing. Last year, report the following information: Sales $620,000 Cost of goods sold $136,000 Selling and administrative expense $264,000 At the beginning of the year, the value of operating assets was $236,000. At the end of the year, the value of operating assets was $363,000. Flamengo co requires a minimum rate of return of 15% Total capital employed equals $350,000. Calculate the Margin. Round all numbers to two decimal places. Do not answer as a percentage. For cxample, if the Margin is 17.63%, you should type 0.18, Question 8 1 pts Flamengo Co is a sporting goods manufacturing. Last year, report the following information: Sales S620,000 Cost of goods sold $136,000 Selling and administrative expense $264,000 At the beginning of the year, the value of operating assets was $236,000. At the end of the year, the value of operating assets was $363,000. Flamengo Co. requires a minimum rate of return of 15%. Total capital employed equals $350,000. Calculate the Return on Investment. Round all numbers to two decimal places. Do not answer as a percentage. For example, if the ROI is 17.63%, you should type 0.18 Step by Step Solution
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