If an investment center has a $90,000 controllable margin and $1,200,000 of sales, what average operating assets

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If an investment center has a $90,000 controllable margin and $1,200,000 of sales, what average operating assets are needed to have a return on investment of 10%?

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Fundamental Managerial Accounting Concepts

ISBN: 978-0078110894

6th Edition

Authors: Edmonds, Tsay, olds

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Posted Date: Dec 03, 2019 01:46 AM

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If an investment center has a $90,000 controllable margin and $1,200,000 of sales, what average operating assets

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Solution Return on Investment Net operating ... View the full answer

Fundamental Managerial Accounting Concepts

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