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Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income $18,310,000 $920,000 Average operating assets $6,300,000 The division's margin-is closest to: a. 1.84% b. 7.80% c. 5.02% d. 8.20%

Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income $18,310,000 $920,000 Average operating assets $6,300,000 The division's margin-is closest to: a. 1.84% b. 7.80% c. 5.02% d. 8.20%

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter10: Evaluating Decentralized Operations
Section: Chapter Questions
Problem 5E: Service department charges In divisional income statements prepared for Demopolis Company, the...
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Aide industries is a division of a major corporations

Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income $18,310,000 $920,000 Average operating assets $6,300,000 The division's margin-is closest to: a. 1.84% b. 7.80% c. 5.02% d. 8.20%
Transcribed Image Text:Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income $18,310,000 $920,000 Average operating assets $6,300,000 The division's margin-is closest to: a. 1.84% b. 7.80% c. 5.02% d. 8.20%
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