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Sheridan Corporation's Longboat division's segment margin as a percentage of net sales is 10% for the current reporting period. The division has net sales revenue
Sheridan Corporation's Longboat division's segment margin as a percentage of net sales is 10% for the current reporting period. The division has net sales revenue of $2525870. Operating assets were $903000 at the beginning of the period and $1303000 at the end. What is the division's ROl? 22.908 8.47% 11.45% 10.00% Economic value added (EVA) performance measures the fair market value of income. economic profit. segment margin. the percentage return generated on the use of assets
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