During the year, Sokowski manufacturing earned income of 350,000,000 from total sales 3:32 ululla 0.91r KB/S3assignment 11ASSIGNMENTModule 111. During the current year, Swargyskü Manufacturing earned income of P350,000 from total salesof P5,500,000 and average capital assets of P12,000,000. What is the sales margin?2. During the current year, Swargyskij Manufacturing earned income of P350,000 from total salesof P5,500,000 and average capital assets of P12,000,000.A. Based on this information, calculate asset turnover.B. Using the sales margin, what is the total ROI for the company during the current year?

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Answered: 1. During the current year, Swarouskii…

1. During the current year, Swarouskii Manufacturing earned income of P350,000 from total sales of P5,500,000 and average capital assets of P12,000,000. What is the sales margin?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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