General accounting question Alpine Technologies is a division of a global corporation. The Accountingdata 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?

Step 1: Definition of MarginMargin is a financial metric that measures the percentage of sales…

Answered: Alpine Technologies is a division of a…

Managerial Accounting

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ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

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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?