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The finishing division of ZZ Company reported the following information for November: residual income ........................ $7,500 margin ................................. 12.5% minimum required rate of return ........
The finishing division of ZZ Company reported the following information for November: residual income ........................ $7,500 margin ................................. 12.5% minimum required rate of return ........ 17% average operating assets ............... $250,000 Calculate the finishing division's turnover for November.
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Accounting For Non-Accountants
Authors: David Horner
10th Edition
0749472812, 978-0749472818
