F Company has the following information for its most recent year. Net income Sales Revenue $1,000,000 $20,000,000 Average investment capital $5,000,000 What was the company's sales margin?

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 3DQ
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F company has the following information answer accounting questions

F Company has the following information for its most
recent year.
Net income
Sales Revenue
$1,000,000
$20,000,000
Average investment capital $5,000,000
What was the company's sales margin?
Transcribed Image Text:F Company has the following information for its most recent year. Net income Sales Revenue $1,000,000 $20,000,000 Average investment capital $5,000,000 What was the company's sales margin?
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