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Q16 Concord Company recorded the following operating data: Sales $1249300 Contribution margin 485900 Total direct fixed costs 401000 Total operating assets Jan. 1, 2022 750600
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Concord Company recorded the following operating data: Sales $1249300 Contribution margin 485900 Total direct fixed costs 401000 Total operating assets Jan. 1, 2022 750600 Total operating assets Dec. 31, 2022 789900 Concord Company's desired return 14% What is Concord Company's average operating assets for 2022? O $789900 $750600 $770250 O $174902 Step by Step Solution
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