Last year, Summit Electronics Ltd. reported sales of $800,000, a capital turnover of 4.0, and a return on investment (ROI) of 35%. What was the company's net operating income for the year?
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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?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 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?
- Last 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?At 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?What was the company net operating income?
- Answer? financial accountingLast year, Morrison Tech Inc. had a Return on Assets (ROA) of 9%, a profit margin of 13.5%, and sales of $28 million. Calculate Morrison Tech's total assets. (Enter your answer in millions.)What was the company's net operating income for the year on these general accounting question?