Jacob Products is a division of a major corporation. Last year the division had total sales of P26,800,000, net operating income of P1,768,800, and average operating assets of P8,000,000. The company's minimum required rate of return is 12%. 1. The division's margin is closest to: A) 1% B) 6.6% C) 29.9% D) 36.5% 2. The division's turnover is closest to: A) 22 B) 2.74 C) 15.15 D) 3.35 3. The division's return on investment (ROI) is closest to: A) 0% B) 5.1% C) 22.1% D) 1.5%
Jacob Products is a division of a major corporation. Last year the division had total sales of P26,800,000, net operating income of P1,768,800, and average operating assets of P8,000,000. The company's minimum required
1. The division's margin is closest to:
A) 1% B) 6.6% C) 29.9% D) 36.5%
2. The division's turnover is closest to:
A) 22 B) 2.74 C) 15.15 D) 3.35
3. The division's
A) 0% B) 5.1% C) 22.1% D) 1.5%
4. The division's residual income is closest to:
A) P 808,800 B) P 1,768,800 C) P (1,447,200) D) P 2,728,800
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