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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- Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income Average operating assets The division's turnover is closest to: Multiple Choice O O O 10.75 3.40 0.32 2.58 $ 17,000,000 $ 1,581,000 $ 5,000,000Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income Average operating assets The division's margin is closest to: Multiple Choice O O 3.5% 19.7% 16.2% 15.0% $ 18,210,000 $ 637,350 $ 4,250,000Please provide correct solution
- Lousiville Inc. reported the following financial data for one of its divisions for the year; average invested assets of $490,000; sales of $990,000; and income of $113,000. The investment turnover is: Multiple Choice 2.02. 21.30. 433.60. 49.50. 11.40.Far Sight is a division of a major corporation. The following data are for the latest year of operations: Required: a. What is the division's return on investment (ROI)?b. What is the division's residual income? Sales 24,480,000 Net operating income 1.738.000 average operating assets 6,000 rate of return 16%Please help me this question general accounting
- Davis Corporation reported the following financial data for one of its divisions for the year; average assets of $540,000; sales of $1,069,200; and income of $241,100. The investment turnover is: Multiple Choice 22.3. 50.5. 1.98. 447.6. 11.3.Please provide solution this general accounting questionPlease provide correct answer accounting question