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The following information pertains to Travis Concrete: Sales revenue $ 1,700,000 Gross margin 640,000 Income 94,000 Invested capital 490,000 The company's imputed interest rate is
The following information pertains to Travis Concrete:
| Sales revenue | $ | 1,700,000 | |
| Gross margin | 640,000 | ||
| Income | 94,000 | ||
| Invested capital | 490,000 | ||
The company's imputed interest rate is 6%.
The sales margin is:
Multiple Choice
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5.53%.
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37.65%.
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14.69%.
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28.82%.
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19.18%.
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Accounting Regulation In Europe
Authors: McLeay Stuart
1st Edition
0333694600, 9780333694602
