QUESTION 4 Your Company reports the following: Division A Division B Margin ? 7% Turnover 5 ? Average operating assets ? $200,000 Net operating income
QUESTION 4
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Your Company reports the following:
Division A Division B
Margin ? 7%
Turnover 5 ?
Average operating assets ? $200,000
Net operating income $ 42,000 ?
Stockholders' equity $300,000 $400,000
Sales $750,000 $525,000
ROI ? 21%
Calculate average operating assets for Company A.
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Authors: U. S. Government Accountability Office
1st Edition
1287232027, 978-1287232025
