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Question 10 (6.25 points) The following information pertains to the three divisions of Yang Company: Division A Division B Division C Sales ? Net
Question 10 (6.25 points) The following information pertains to the three divisions of Yang Company: Division A Division B Division C Sales ? Net operating income $48,000 $18,000 ? $1,345,000 $82,000 Average operating assets $420,000 ? ? Return on investment ? 15% 20% Margin 0.2 0.015 ? Turnover 2.1 ? ? Target ROI What is the turnover for Division C? 3.28 0.20 6.670 1.500 17% 14% 8%
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
