Gordon Manufacturing is a subsidiary of a global corporation. The following data was provided for the most recent year: . Sales: $18,000,000 ⚫ Net operating income: $1,350,000 • Average operating assets: $5,400,000 What is the division's margin?

Gordon Manufacturing is a subsidiary of a global corporation. The following data was provided for the most recent year: . Sales: $18,000,000 ⚫ Net operating income: $1,350,000 • Average operating assets: $5,400,000 What is the division's margin?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 6EA: During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of...

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Gordon Manufacturing is a subsidiary of a global
corporation. The following data was provided for the
most recent year:
.
Sales: $18,000,000
⚫ Net operating income: $1,350,000
•
Average operating assets: $5,400,000
What is the division's margin?

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