Question
The Martin Company reported net income of $15,000 on gross sales of $80,000. The company has total assets of $135,000, of which $102,000 is property,
The Martin Company reported net income of $15,000 on gross sales of $80,000. The company has total assets of $135,000, of which $102,000 is property, plant and equipment. What is the company's return on investment?
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Managerial Accounting Creating Value In A Dynamic Business Environment
Authors: Ronald W Hilton
6th Edition
0071113142, 978-0071113144
