Stanley Corporation reports the following information: ⚫ Income from operations: $45,000 ⚫ Invested assets: $250,000 . ⚫ Sales: $1,000,000 Show the a) profit margin, b) investment turnover and c) rate of return on investment.

Stanley Corporation reports the following information: ⚫ Income from operations: $45,000 ⚫ Invested assets: $250,000 . ⚫ Sales: $1,000,000 Show the a) profit margin, b) investment turnover and c) rate of return on investment.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 3PB: The income statement comparison for Rush Delivery Company shows the income statement for the current...

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Question

Stanly corporation reports the following information solve this accounting questions

Stanley Corporation reports the following information:
⚫ Income from operations: $45,000
⚫ Invested assets: $250,000
.
⚫ Sales: $1,000,000
Show the a) profit margin, b) investment turnover and c) rate
of return on investment.

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