Question
ROI and Margin Arbus Company provided the following information: Turnover 4.7 Operating assets $136,000 Operating income 6,860 Required: 1. What is ROI? (Round your answer
ROI and Margin
Arbus Company provided the following information:
| Turnover | 4.7 |
| Operating assets | $136,000 |
| Operating income | 6,860 |
Required:
1. What is ROI? (Round your answer to three decimals.) fill in the blank 1
2. What is margin? (Round your answer to two decimals.) fill in the blank 2
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Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
10th Edition
0324380674, 978-0324380675
