A companys division has sales of $2,000,000, income of $80,000, and average assets of $1,600,000. Compute the

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A company’s division has sales of $2,000,000, income of $80,000, and average assets of $1,600,000. Compute the division’s profit margin, return on investment, and investment turnover.

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Fundamental Accounting Principles

ISBN: 9781260247985

25th Edition

Authors: John J Wild, Ken Shaw

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Question Posted: Oct 28, 2021 02:52 AM

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A companys division has sales of $2,000,000, income of $80,000, and average assets of $1,600,000. Compute the

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a Divisions profit margin is calculated as follows Divisions profit margin Net Incom...View the full answer

Fundamental Accounting Principles

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