ABC Technologies is a division of a Global Corporation. Data for the most recent year is as follows: • • • Sales: $22,500,000 Net operating income: $1,150,000 Average operating assets: $7,500,000 Calculate the division's turnover.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
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Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 6EA: During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of...
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ABC Technologies is a division of a Global Corporation. Data for the
most recent year is as follows:
•
•
•
Sales: $22,500,000
Net operating income: $1,150,000
Average operating assets: $7,500,000
Calculate the division's turnover.
Transcribed Image Text:ABC Technologies is a division of a Global Corporation. Data for the most recent year is as follows: • • • Sales: $22,500,000 Net operating income: $1,150,000 Average operating assets: $7,500,000 Calculate the division's turnover.
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