Question: Required Supply the missing information in the following table for Gibson Company. (Do not round intermediate calculations. Round ROI answer to 2 decimal places.
Required Supply the missing information in the following table for Gibson Company. (Do not round intermediate calculations. Round "ROI" answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45).) Answer is complete but not entirely correct. Sales ROI $ 371,700 54.60% Operating assets $ 177,000 Operating income $ 48,321 Turnover 2.1 Residual income $ 30.621 Operating profit margin 13 % Desired rate of return 20 %
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