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Use this information for Train Corporation to answer the question that follow. The following financial information was summarized from the accounting records of Train Corporation
Use this information for Train Corporation to answer the question that follow. The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31 : The net income for Train Corporation is a. $33,900 b. $81,900 c. $67,600 d. $8,200 Round the percentage to one decimal place. a. 14.9% b. 27.9% c. 23.3% d. 18.6% Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,130,000 in invested assets, sales of $1,233,000, income from operations amounting to $211,000, and a desired minimum return of 13%. Round the percentage to one decimal place. The profit margin for Mason Corporation is a. 13.0% b. 17.1% c. 18.7% d. 91.6% Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,043,000 in invested assets, sales of $1,236,000, income from operations amounting to $206,000, and a desired minimum return of 14%. Round your answer to two decimal places. The investment turnover for Mason Corporation is a. 1.19 b. 1.42 c. 1.78 d. 0.95
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