Pelak Company had sales of $25,000,000, expenses of $17,500,000, and average operating assets of $10,000,000. Required: Compute
Question:
Pelak Company had sales of $25,000,000, expenses of $17,500,000, and average operating assets of $10,000,000.
Required:
Compute the
(1) Operating income,
(2) Margin and turnover ratios,
(3) ROI.
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Step by Step Answer:
1 Sales 25000000 Less expenses 175000...View the full answer
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Rustia Melrod
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