Medina's bag company makes bags and purses. The following divisional information for both products are available for

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Medina's bag company makes bags and purses. The following divisional information for both products are available for the past year.

a. calculate the profit Margin % for both products

b. calculate the asset turnover for both products

c. calculate the ROI for both products.

Posted Date: May 18, 2024 08:06 AM

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Medina's bag company makes bags and purses. The following divisional information for both products are available for

Question:

Sales Operating Income Avg. Total Asset Current Liabilities Bags $75,000 $46,000 $100,000 $34,000 Purses $82,000 $35,000 $96,000 $22,000 Sales Operating Income Avg. Total Asset Current Liabilities Bags $75,000 $46,000 $100,000 $34,000 Purses $82,000 $35,000 $96,000 $22,000

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