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Exercise 11-26 Margin, Turnover, Return on Investment Objective 2 Pelak Company had sales of $25,000,000, expenses of $17,500,000, and average operating assets of $10,000,000. EXCEL Required: Compute the (1) operating income, (2) margin and turnover ratios, and (3) ROI.

Exercise 11-26 Margin, Turnover, Return on Investment Objective 2 Pelak Company had sales of $25,000,000, expenses of $17,500,000, and average operating assets of $10,000,000. EXCEL Required: Compute the (1) operating income, (2) margin and turnover ratios, and (3) ROI.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Exercise 11-26 Margin, Turnover, Return on Investment Objective 2 Pelak Company had sales of $25,000,000, expenses of $17,500,000, and average operating assets of $10,000,000. EXCEL Required: Compute the (1) operating income, (2) margin and turnover ratios, and (3) ROI.
Transcribed Image Text:Exercise 11-26 Margin, Turnover, Return on Investment Objective 2 Pelak Company had sales of $25,000,000, expenses of $17,500,000, and average operating assets of $10,000,000. EXCEL Required: Compute the (1) operating income, (2) margin and turnover ratios, and (3) ROI.
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