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Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
النسخة 6الرقم المعياري الدولي: 978-1305103962Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
النسخة 6الرقم المعياري الدولي: 978-1305103962 تمرين 2
Calculating Average Operating Assets, Margin, Turnover, and Return on Investment
East Mullett Manufacturing earned operating income last year as shown in the following income statement:
At the beginning of the year, the value of operating assets was $1,600,000. At the end of the year, the value of operating assets was $1,400,000.
Refer to the information for East Mullett Manufacturing above. Round answers to two decimal places.
Required:
Calculate (1) average operating assets, (2) margin, (3) turnover and (4) return on investment.
East Mullett Manufacturing earned operating income last year as shown in the following income statement:
At the beginning of the year, the value of operating assets was $1,600,000. At the end of the year, the value of operating assets was $1,400,000.
Refer to the information for East Mullett Manufacturing above. Round answers to two decimal places.
Required:
Calculate (1) average operating assets, (2) margin, (3) turnover and (4) return on investment.
التوضيح
موثّق
موثّق
Current assets
Current assets are those...
Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
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