During the current year, Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average

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During the current year, Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. What is the sales margin?

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Principles Of Accounting Volume 2 Managerial Accounting

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Authors: OpenStax

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Question Posted: Jul 23, 2023 12:17 AM

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During the current year, Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average

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The sales margin is a financial ratio that measures the percentage of income earned from ea...View the full answer

Principles Of Accounting Volume 2 Managerial Accounting

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