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Altaf Components is a division of a major corporation. Data concerning the most recent year appears below: Item Sales Net Operating Income Amount $21,750,000 $1,566,000 Average Operating Assets $7,400,000 The division's margin is closest to: a. 6.12% b. 8.74% C. 9.01% d. 7.2%

Altaf Components is a division of a major corporation. Data concerning the most recent year appears below: Item Sales Net Operating Income Amount $21,750,000 $1,566,000 Average Operating Assets $7,400,000 The division's margin is closest to: a. 6.12% b. 8.74% C. 9.01% d. 7.2%

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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Altaf Components is a division of a major corporation. Data concerning the most recent year appears below: Item Sales Net Operating Income Amount $21,750,000 $1,566,000 Average Operating Assets $7,400,000 The division's margin is closest to: a. 6.12% b. 8.74% C. 9.01% d. 7.2%
Transcribed Image Text:Altaf Components is a division of a major corporation. Data concerning the most recent year appears below: Item Sales Net Operating Income Amount $21,750,000 $1,566,000 Average Operating Assets $7,400,000 The division's margin is closest to: a. 6.12% b. 8.74% C. 9.01% d. 7.2%
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