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Swifty Company recorded the following operating data: Sales $1250100 Contribution margin 485200 Total direct fixed costs 401400 Total operating assets Jan. 1, 2022 750900 Total
Swifty Company recorded the following operating data:
Sales | $1250100 |
Contribution margin | 485200 |
Total direct fixed costs | 401400 |
Total operating assets Jan. 1, 2022 | 750900 |
Total operating assets Dec. 31, 2022 | 789500 |
Swifty Companys desired return | 8% |
What is Swifty Companys average operating assets for 2022?
$750900
$100008
$789500
$770200
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