As the staff accountant for Investment Center 916, calculate the October 2014 ROI, using the following information:
Question:
October 2014 profit margin 25%
October 2014 sales $1,980,000
Assets at September 30, 2014 1,500,500
Assets at October 31, 2014 1,650,000
Round your answers to two decimal places.
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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