Last year a company had sales of $460,000, a turnover of 2.5, and a return on investment of 62.5%. The company's net operating income for the year was: $184,000 $287,500 $172,500 $115,000
Last year a company had sales of $460,000, a turnover of 2.5, and a return on investment of 62.5%. The company's net operating income for the year was: $184,000 $287,500 $172,500 $115,000
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 5EB: During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of...
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
Transcribed Image Text:Last year a company had sales of $460,000, a
turnover of 2.5, and a return on investment of
62.5%.
The company's net operating income for the year
was:
$184,000
$287,500
$172,500
$115,000
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