margin is
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Noble Company has two divisions, the Domestic Division and the International Division. Last year, the Domestic Division earned $360,000 using average operating assets of $1,440,000. Sales for the Domestic Division were $3,600,000. Last year, the International Division earned $560,000 using average operating assets of $2,800,000. Sales for the International Division were $7,000,000.
| A. | For the Domestic Division, margin is __________________ Turnover is __________________ and |
| B. | For the International Division, margin is __________________ Turnover is __________________ and ROI is __________________. |
| C. | If these are the only two divisions of Noble Company, what is ROI for Noble Company? |
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