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Calculate the operating margin, calculations. Enter your answers as a percent ro Operating margin Return on assets Return on equity 33.08 % % %

Calculate the operating margin, calculations. Enter your answers as a percent ro Operating margin Return on assets Return on equity 33.08 % % %

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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You are given the following information for Smashville, Inc. Cost of goods sold: Investment income: Net sales: Operating expense: Interest expense: Dividends: Tax rate: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: Other liabilities: Investments: Operating assets: $154,000 $1,800 $287,000 $38,000 $7,400 $13,000 21% $20,000 $21,000 $30,000 $42,000 $123,000 $5,000 $38,000 $35,000
Transcribed Image Text:You are given the following information for Smashville, Inc. Cost of goods sold: Investment income: Net sales: Operating expense: Interest expense: Dividends: Tax rate: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: Other liabilities: Investments: Operating assets: $154,000 $1,800 $287,000 $38,000 $7,400 $13,000 21% $20,000 $21,000 $30,000 $42,000 $123,000 $5,000 $38,000 $35,000
Calculate the operating margin, r calculations. Enter your answers as a percent rou Operating margin Return on assets Return on equity 33.08 % % %
Transcribed Image Text:Calculate the operating margin, r calculations. Enter your answers as a percent rou Operating margin Return on assets Return on equity 33.08 % % %
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