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Alpine Technologies is a division of a global corporation. The Accounting data for the most recent year is as follows: Sales: $24,750,000 ⚫ Net Operating Income: $2,970,000 ⚫ Average Operating Assets: $8,250,000 • What is the division's margin?

Alpine Technologies is a division of a global corporation. The Accounting data for the most recent year is as follows: Sales: $24,750,000 ⚫ Net Operating Income: $2,970,000 ⚫ Average Operating Assets: $8,250,000 • What is the division's margin?

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
Chapter7: Variable Costing For Management analysis
Section: Chapter Questions
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I am trying to find the accurate solution to this general accounting problem with appropriate explanations.

Alpine Technologies is a division of a global corporation. The Accounting data for the most recent year is as follows: Sales: $24,750,000 ⚫ Net Operating Income: $2,970,000 ⚫ Average Operating Assets: $8,250,000 • What is the division's margin?
Transcribed Image Text:Alpine Technologies is a division of a global corporation. The Accounting data for the most recent year is as follows: Sales: $24,750,000 ⚫ Net Operating Income: $2,970,000 ⚫ Average Operating Assets: $8,250,000 • What is the division's margin?
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