Last year a business had sales of $520,000, a turnover of 3.0, and a return on investment of 58%. What was the company's net operating income for the year?
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Last year a business had sales of $520,000, a turnover of 3.0, and a
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- During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. What is the sales margin?During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000, 000. What is the sales margin?During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000,000. A. Based on this information, calculate asset turnover. B. Using the sales margin from the previous exercise, what is the total ROI for the company during the current year?
- Last year a business had sales of $520,000, a turnover of 3.0, and a return on investment of 58%. What was the company's net operating income for the year?Last year a business had sales of $520,000, a turnover of 3.0, and a return on investment of 58%. What was the company's net operating income for the year? AnsWhat was the company net operating income?
- Last year a company had sales of $600,000, a turnover of 3.6, and a return on investment of 18%. The company's net operating income for the year was?Need answerLast year Green Co. had sales of $800,000, a turnover of 3.5, and a return on investment of 14 %. Green Co.'s net operating income for the year was?
- Chabot Company had the following results last year: net operating income, $2,160; turnover, 5; and return on investment 18%. Chabot Company's average operating assets what?AccountingAt the end of the year, Universal Utilities (UU) had $1.5 million in total assets. Its total assets turnover was 1.4, and its return on assets (ROA) was 7.14 percent. What were UU's sales revenues and net profit margin?