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Consider the following information for Alpha Company: Sales: $480,000 Net operating income: $48,000 Margin: 12% Return on investment: 30% Calculate the turnover.

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 4BE: Profit margin, investment turnover, and ROI Briggs Company has operating income of 36,000, invested...

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I want to correct answer general accounting question

Consider the following information for Alpha Company: Sales:
$480,000 Net operating income: $48,000 Margin: 12% Return on
investment: 30%
Calculate the turnover.

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