Question
Question 4 (Total: 24 marks) The following data have been extracted from the year-end reports of two companies: Company X and Company Y: Company X
Question 4 (Total: 24 marks)
The following data have been extracted from the year-end reports of two companies: Company X and Company Y:
|
| Company X | Company Y |
| Sales | $800,000 | ? |
| Operating income | $56,000 | ? |
| Average operating assets | ? | $125,000 |
| Margin | ? | 4% |
| Turnover | ? | 6 |
| Return on investment | 14% | ? |
Required: Fill in the missing data on the above table.
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Accounting Advanced
Authors: Claudia Bienias Gilbertson
9th Edition
0538447559, 9780538447553
