The Cybertronics Corporation reported the following information for its Cyclotron Division: Revenues reported as $2,000,000 Operating costs
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Question:
The Cybertronics Corporation reported the following information for its Cyclotron Division:
Revenues reported as $2,000,000
Operating costs reported as $1,200,000
Taxable income reported as $400,000
Operating assets reported as $1,000,000
Income is defined as operating income. What is the Cyclotron Division's return on sales?
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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