Blue Wave Technologies is a division of a large conglomerate. Data for the most recent year are as follows: Item Sales Net Operating Income Average Operating Assets The division's margin is: A. 28.0% B. 8.0% C. 12.0% D. 24.0% Value $30,000,000 $2,400,000 $7,200,000

Blue Wave Technologies is a division of a large conglomerate. Data for the most recent year are as follows: Item Sales Net Operating Income Average Operating Assets The division's margin is: A. 28.0% B. 8.0% C. 12.0% D. 24.0% Value $30,000,000 $2,400,000 $7,200,000

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter11: Performance Evaluation And Decentralization

Section: Chapter Questions

Problem 27E: Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the...

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Question

What is the division's margin on these general accounting question?

Blue Wave Technologies is a division of a large
conglomerate. Data for the most recent year are as
follows:
Item
Sales
Net Operating Income
Average Operating Assets
The division's margin is:
A. 28.0%
B. 8.0%
C. 12.0%
D. 24.0%
Value
$30,000,000
$2,400,000
$7,200,000

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