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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
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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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
Transcribed Image Text: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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